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A growing share of the world population is getting access to a formal bank account. This allows a move from cash to account based payments. Grounding our hypothesis in behavioral economics, we conjecture that being paid on an account instead of in cash can play a major role in encouraging...
Persistent link: https://www.econbiz.de/10011381206
. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and …
Persistent link: https://www.econbiz.de/10010323529
A significant boom occurred in the Indian financial market and growth in the post-liberalization era. This motivates us to analyze the impact of stock market and credit market (two components of financial market) for the growth of financial market. This paper attempts to show the linkage between...
Persistent link: https://www.econbiz.de/10011559168
Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including … challenges faced by MSMEs in sourcing of finance during different stages of their life cycle. This study is a first … limitation in the identification and utilization of sources of finance. Data was collected through personal interviews using a …
Persistent link: https://www.econbiz.de/10011653783
The existence of equilibrium is a test of the internal consistency of an economic model. In any model with domestic moneys and dividend-yielding assets, the first question is: will money be dominated by assets in equilibrium? In cash-in-advance models domestic moneys always have positive...
Persistent link: https://www.econbiz.de/10009441845
In the first chapter, we consider the logistic regression model with an integrated regressor. In particular, we derive the limit distributions of the nonlinear least squares (NLS) estimators and their t-ratios. It is shown that the NLS estimators are generally not efficient. Moreover, the...
Persistent link: https://www.econbiz.de/10009441897
This dissertation includes three essays on decision-making by boundedly rational economic agents. The first essay deals with decision-making by firms where decision-making is costly. The other two essays deal with decision-making by individuals. Taken together, the last two argue that...
Persistent link: https://www.econbiz.de/10009441899
The thesis shows two possible ways in which intergenerational redistributions associated with a reform from a comprehensive income tax to a direct consumption tax are affected when the standard models studying this phenomenon are extended.The usual models studying the welfare impact of a direct...
Persistent link: https://www.econbiz.de/10009441903
-base and the R+F-base--and the importance of the firm's choices between local debt finance and parent multinational finance is …
Persistent link: https://www.econbiz.de/10009441909
The dissertation is composed of three papers on institutions and development, with special focus on Vietnam. The first paper, "Club Good and Contract Enforcement," investigates the contract enforcement power of the communities whose members participate voluntarily. By investing in club goods,...
Persistent link: https://www.econbiz.de/10009441917