We conducted a survey in 2001 among members and group leaders of borrowers who accessed loans from two microcredit programs in Eritrea. Using the results from this survey, this paper aims to provide new insights on the empirical relevance of the homogeneous matching hypothesis for microcredit...

By performing a cross-country growth regression for the 1970-1998 period this paper finds evidence for the fact that countries with a more developed financial sector are better able to nullify the negative effects of policy uncertainty on per capita economic growth. This clearly indicates the...