Showing 1 - 10 of 1,366
Lending to the poor is expensive due to high screening, monitoring, and enforcement costs. Group lending advocates believe lenders overcome this by harnessing social connections. Using data from FINCA-Peru, I exploit a quasi-random group formation process to find evidence of peers successfully...
Persistent link: https://www.econbiz.de/10010369123
Microfinance programs like the Self Help Bank Linkage Program in India have been increasingly promoted for their … between microfinance and women's empowerment. This paper contributes by arguing that women empowerment takes place when women …
Persistent link: https://www.econbiz.de/10010321634
Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement. However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms. The...
Persistent link: https://www.econbiz.de/10010282737
Political connections between firms and autocratic regimes are not secret and often even publicly displayed in many developing economies. We argue that tying a firm's available rent to a regime’s survival acts as a credible commitment forcing entrepreneurs to support the government and to...
Persistent link: https://www.econbiz.de/10010300611
examining Philippine governance and the roles of policymakers and voters more deterministically. Patronage and political … shown that certain activities used to perpetuate patronage and dynasties (also called family networks) such as coercion …
Persistent link: https://www.econbiz.de/10012145908
evidence and show that it rests on problematic assumptions. Using Kenya as a test case, we argue that there is no conclusive …
Persistent link: https://www.econbiz.de/10012291439
Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010369526
This study explores the impact of social capital on innovation by constructing a more general measure of social capital indicator consisting of generalized and institutional trust, associational activities and civic norms. We test the hypothesis that social capital has a positive impact on...
Persistent link: https://www.econbiz.de/10010271793
Sozialkapital wird definiert als geteiltes Wissen, Vertrauen und gemeinsame Kultur, eingebettet in Netzwerkstrukturen … und andere stabile Beziehungen zwischen Agenten. Es hat sich gezeigt, dass Sozialkapital schwieriger aufzubauen ist als … ökonomisches Kapital und dass es größere Auswirkungen auf die Gemeinschaft als Ganzes hat. Die Relevanz des Sozialkapital …
Persistent link: https://www.econbiz.de/10010299417
Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...
Persistent link: https://www.econbiz.de/10010306211