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microcredits in Uzbekistan. Residents living closer to microfinance institutions are propensity score matched to those further away … using both household and village characteristics. Households located closer to microfinance institutions have larger …
Persistent link: https://www.econbiz.de/10011292967
The subject of this study is the microcredit market in the USA, more specifically in Florida. The justification for … obtained results to the microcredit market in Latin American countries. Thus, the objective of this study is to analyze the … profile of microcredit holders and their companies from socioeconomic and financial points of view. As our data also consider …
Persistent link: https://www.econbiz.de/10014288915
Measuring and identifying financial constraints represents an important challenge in empirical studies. Due to data limitations perception-based indicators or approximations of access to finance by the usage of finance are often used, disregarding firm-specific differences in the demand for...
Persistent link: https://www.econbiz.de/10009728261
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relational trust and subjective specialization; and, finally, the emergence of objective specialization through the institution …
Persistent link: https://www.econbiz.de/10011348696
Too often, academics and policy makers interpret formality as a binary choice and formalization as an irreversible process. Yet, formalization has many facets and shades on the business and labor fronts, and firms may not be able or willing to formalize all at once. This paper explores the joint...
Persistent link: https://www.econbiz.de/10011896965
Entrepreneurship is generally regarded as a force of change, innovation, and development in modern economies. Entrepreneurs bring new and better products to markets, restore allocative efficiency through arbitrage and reinvest their profits. However, it has been argued that the same energy and...
Persistent link: https://www.econbiz.de/10008661205
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10010274587