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Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
Persistent link: https://www.econbiz.de/10010489777
Home equity is the most important part of a household portfolio, but only recently has it become more accessible through innovations in the mortgage market and financial deregulation. This study looks at the factors driving home equity withdrawal on a household level using Dutch survey data and...
Persistent link: https://www.econbiz.de/10003951793
During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open positions (as measured by the Help Wanted OnLine Index) more than tripled. The weak labor market prompted an unprecedented extension in the length of time in which a claimant can...
Persistent link: https://www.econbiz.de/10010403637
inflation expectations, their determinants, and how inflation expectations shape individuals’ consumption, savings, and …
Persistent link: https://www.econbiz.de/10014254115
between aggregate data on household consumption, income, and wealth. In particular, we focus on studies determining whether … shared by consumption, income, and wealth over the long run, then deviations of these series from their common long …-run trends are used to help forecast consumption growth over the short run. Our discussion highlights the various judgements that …
Persistent link: https://www.econbiz.de/10014135365
Recent studies have used regression decomposition to analyze recent data and found that over seventy percent of the black-white wealth differences remained unexplained (See, e.g., Gittleman and Wolff 2000; Altonji, Doraszelski and Segal 2000; and Blau and Graham 1990). Their results are limited to the...
Persistent link: https://www.econbiz.de/10014117683
the transmission of patience, propensity to save, and conscientiousness. We explore the role of specific parental … patience between parents and children, particularly among children under 18, households with a socioeconomic status (SES) above …
Persistent link: https://www.econbiz.de/10014463574
view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …
Persistent link: https://www.econbiz.de/10012777642
long run economic relationship among the determinants of national saving in Ghana. The empirical results established that …
Persistent link: https://www.econbiz.de/10013058930
related to not only domestic saving and international capital flows but also changes in the domestic money supply and credit … - 1974 - empirically support the theory. In contrast to the Feldstein-Horioka findings, a lower saving-investment coefficient …
Persistent link: https://www.econbiz.de/10014518598