Showing 1 - 10 of 243
This study investigates the legitimacy of the relatively high interest rates charged by those microfinance institutions (MFIs) which have been transformed into regulated commercial banks using information garnered from a panel of 1232 MFIs from 107 developing countries. Results show that...
Persistent link: https://www.econbiz.de/10013027298
This study compares the responsiveness of microcredit interest rates to age, scale of lending and organisational charter. It uses an unbalanced panel of 300 MFIs from 107 developing countries from 2005 to 2015. Three key trends emerge from the results of a 2SLS regression. First, the adoption of...
Persistent link: https://www.econbiz.de/10012925540
This study compares the responsiveness of microcredit interest rates to age, scale of lending and organisational charter. It uses an unbalanced panel of 300 MFIs from 107 developing countries from 2005 to 2015. Three key trends emerge from the results of a 2SLS regression. First, the adoption of...
Persistent link: https://www.econbiz.de/10011817165
responsiveness by fund managers to investigated factors (aggregate liquidity, information asymmetry, volatility and market excess … evidence of volatility and market return in market timing, with the slim exception of allocation funds for which the pattern of … volatility is either U- or S-shaped. Second, the effect of volatility and market return are consistently positive and negative …
Persistent link: https://www.econbiz.de/10011784886
responsiveness by fund managers to investigated factors (aggregate liquidity, information asymmetry, volatility and market excess … evidence of volatility and market return in market timing, with the slim exception of allocation funds for which the pattern of … volatility is either U- or S-shaped. Second, the effect of volatility and market return are consistently positive and negative …
Persistent link: https://www.econbiz.de/10012952524
responsiveness by fund managers to investigated factors (aggregate liquidity, information asymmetry, volatility and market excess … evidence of volatility and market return in market timing, with the slim exception of allocation funds for which the pattern of … volatility is either U- or S-shaped. Second, the effect of volatility and market return are consistently positive and negative …
Persistent link: https://www.econbiz.de/10011698475
This paper assesses the effect of political institutions on stock market performance in 14 African countries for which stock market data is available for the period 1990-2010. The estimation technique used is a Two-Stage-Least Squares Instrumental Variable methodology. Political regime channels...
Persistent link: https://www.econbiz.de/10012936040
Persistent link: https://www.econbiz.de/10012581331
This study examines the effect of private and public sector led financial sector transparency on bank interest margins … more effective in dealing with bank interest margins, public sector-led financial transparency is found to be more … consistent in reducing bank interest margins across many more economies. Third, the study shows that the effect of financial …
Persistent link: https://www.econbiz.de/10012225071
Persistent link: https://www.econbiz.de/10011971928