women. Here, using a randomized controlled trial, we examine whether access to an individually-held commitment savings …-oriented durables goods purchased in the household. -- Savings ; microfinance ; female empowerment ; household decision making …

improve the financing of consumption, however the effect of financial development on credit as an instrument to insure … local financial development, our analysis focuses on two dimensions of household welfare: investment and consumption. The … consumption risk is not supported. This finding implies that consumption smoothing is only weakly improved by larger financial …

International comparisons reveal that - even controlling for a host of explanatory factors - credit depth is … exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper estimates a long-term gap … between actual and expected credit of about 40 percent of GDP. Possible explanations include the history of banking crises …

This article aims to analyze the possibilities of the accumulation and mobilization of savings and their role in the … savings into investments would prove very useful. Savings of people should be the most important investment resource for the …. The mobilization of domestic savings is crucial for raising the economic growth and promoting development, as it is the …

financed via private capital inflows. That said, we find that foreign savings are not a good substitute for domestic savings … conclude that financing growth and investment out of foreign savings, while not impossible, is risky. …

investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … over the deficit episode and its aftermath, growth is slower than when countries rely on domestic savings. The paper … concludes that financing growth and investment out of foreign savings, while not impossible, is risky. …