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Donors' support for microcredit as social enterprise: A critical reappraisal
Nissanke, Machiko - 2002
The donor community has enthusiastically embraced the concept of microfinance as a promising mechanism to attain the … support rendered by the donor community to microfinance programmes and the effectiveness of this particular outlet of official … microfinance as an instrument of microenterprise development and poverty reduction as well as its delivery mechanisms. The paper …
Persistent link: https://www.econbiz.de/10010279321
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Trust and Social Control. Sources of cooperation, performance, and stability in informal value transfer systems
Gräbner, Claudius; Elsner, Wolfram; Lascaux, Alexander - 2017
We study the functioning of informal value transfer systems (IVTS) with the example of Hawala. More precisely, we use computational experiments to study the roles of generalized trust and social control for the stability and efficiency of IVTS. Previous literature was ambiguous with regard to:...
Persistent link: https://www.econbiz.de/10011752637
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The distributional component of the price of the tax avoidance service
Damjanovic, Tatiana - 2002
The traditional avoidance literature undeservedly neglects tax base distribution as a factor affecting the avoidance price, and generally assumed to be equal to the avoidance cost. In reality, avoidance providers are usually either high-skilled specialists or insiders. The strong collusion thus,...
Persistent link: https://www.econbiz.de/10010281270
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Total factor productivity growth in European stock exchanges: A non-parametric frontier approach
Schmiedel, Heiko - 2002
This paper examines progressive changes in productivity of the European stock exchange industry using non-parametric frontier techniques.Within the framework of Malmquist indices, total factor productivity growth is decomposed into technological progress and technical efficiency change for a...
Persistent link: https://www.econbiz.de/10012147846
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Sensitivity of loan size to lending rates: Evidence from Ghana's microfinance sector
Annim, Samuel Kobina - 2011
This paper examines the combined effect of interest rates and poverty levels of microfinance clients on loan size … poverty level is suggested in targeting and sustaining microfinance clients. …
Persistent link: https://www.econbiz.de/10010333040
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Access to Credit and the Size of the Formal Sector in Brazil
D'Erasmo, Pablo - 2013
This paper studies the link between credit conditions and formalization in Brazil, as both credit and the rate of formalization have notably increased in the last decade. A firm dynamics model with endogenous formal and informal sectors is developed to quantitatively evaluate how much of the...
Persistent link: https://www.econbiz.de/10010328164
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Breaking the metal ceiling: Female entrepreneurs who succeed in male-dominated sectors
Campos, Francisco; Goldstein, Markus; McGorman, Laura; … - 2017
Occupational segregation significantly contributes to the earnings gender gap worldwide. We look at differences in outcomes for male and female enterprises and their sectors in Sub-Saharan Africa, a region of high female participation in entrepreneurship. Data on Uganda show that women breaking...
Persistent link: https://www.econbiz.de/10011943769
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Enterprising Women in Southern Africa: When Does Land Ownership Matter?
Brixiova, Zuzana; Kangoye, Thierry; Tregenna, Fiona - 2020
Limited access to finance is one of the major barriers for women entrepreneurs in Africa. This paper presents a model of start-ups in which firms' sales and profits depend on their productivity and access to credit. However, due to the lack of collateral assets such as land, female entrepreneurs...
Persistent link: https://www.econbiz.de/10012180119
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Formalization and productivity: Firm-level evidence from Viet Nam
Lay, Jann; Tafese, Tevin - 2020
Using a firm-level panel dataset on private small- and medium-sized enterprises (SMEs) in Viet Nam's manufacturing sector, this paper examines productivity dynamics of formal and informal firms. We decompose productivity changes into changes within and between formal and informal firms. We...
Persistent link: https://www.econbiz.de/10012424151
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Productivity, non-compliance and the minimum wage
El Badaoui, Eliane; Walsh, Frank A. - 2021
Many informal firms in developing countries would not be viable if they were to comply with the minimum wage law. This means the authorities have an incentive to turn a blind eye to nonenforcement in a substantial share of firms. We also survey enforcement mechanisms for the minimum wage across...
Persistent link: https://www.econbiz.de/10012663509