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enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … success of microfinance around the world, a large number of commercial banks have made a profitable business out of this … sector. This paper explores various business models by commercial banks in microfinance and provides policy implications for …
Persistent link: https://www.econbiz.de/10011653785
Estimating potential output and the output gap - the difference between actual output and its potential - is important for the proper conduct of monetary policy. However, the measurement and interpretation of potential output, and hence the output gap, is fraught with uncertainty, since it is...
Persistent link: https://www.econbiz.de/10011442764
Recently released data show downward trends for both the firm entry rate and the rate of new entrepreneurship since the early 1980s in Canada. This paper documents these trends and discusses potential explanations. A shift-share analysis suggests that changes to Canada's industrial and...
Persistent link: https://www.econbiz.de/10011442767
The village funds programme in Thailand is one of the biggest microfinance programmes in the world aiming at improving …
Persistent link: https://www.econbiz.de/10010294448
Microfinance currently experiences a huge inflow of private investors and a surge in the use of market instruments …. This raises the question of what market equilibria in microfinance markets look like and which kinds of market failure tend …
Persistent link: https://www.econbiz.de/10010294710
. Microfinance programs should strive at preventing such consequences of bounded rationality. …
Persistent link: https://www.econbiz.de/10010294724
microfinance institution could also provide a competing source of insurance. The question raised in this paper is how the access to … either of the activities individually. In that event, introduction of microfinance in rural societies may result in raising …
Persistent link: https://www.econbiz.de/10010295955
We empirically analyze the competition between a relationship lender and a transaction lender in the credit business with micro and small entrepreneurs. Drawing on a data set about the customers of the relationship lender ProCredit Ecuador combined with data about all other loans of these...
Persistent link: https://www.econbiz.de/10010301495
We analyze the effects of the 2004 Indian Ocean Tsunami on credit demand in South India. Combining data from a semi-formal financial intermediary with geophysical data on the Tsunami, we estimate the extent to which the price of credit and the structure of credit flows changed in response to...
Persistent link: https://www.econbiz.de/10010301539
microfinance programs ever implemented. We use a cross-sectional approach examining village funds in relation to competing …
Persistent link: https://www.econbiz.de/10010301725