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-period model how the effect of risk on savings depends not only on preferences but also on the type of risk. …
Persistent link: https://www.econbiz.de/10010326046
-period model how the effect of risk on savings depends not only on preferences but also on the type of risk. …
Persistent link: https://www.econbiz.de/10011256937
This paper examines the current situation concerning financial inclusion and financial literacy in Kazakhstan and future prospects. Since 2000, the financial sector has been developing rapidly, driven by petrodollars, which has led to higher financial inclusion. However, the improvement in...
Persistent link: https://www.econbiz.de/10011913465
worked well: the banking sector has rebounded, savings have been mobilized, and financial markets have started developing … need for consolidated efforts to include more people and businesses into financial activities, mobilize their savings, and …
Persistent link: https://www.econbiz.de/10011868859
To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries have implemented a variety of financial and trade liberalization policies in the last three decades. Pakistan also initiated such type of policies. This study makes an analysis...
Persistent link: https://www.econbiz.de/10010490551
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control … methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who … for commitment, were indeed significantly more likely to open the commitment savings account. After twelve months, average …
Persistent link: https://www.econbiz.de/10010369236
Persistent link: https://www.econbiz.de/10003168206
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control … methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who … for commitment, were indeed significantly more likely to open the commitment savings account. After twelve months, average …
Persistent link: https://www.econbiz.de/10011612543
The microfinance sector is an example of a sector in which firms with different business models coexist. Next to pure for-profit microfinance institutions MFIs, the sector has room for non-profit organizations, and includes social for-profit firms that aim to maximize a double bot- tom line and...
Persistent link: https://www.econbiz.de/10010734892
This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central Bank of Chile in 2007, 2008, 2009 and 2010, which...
Persistent link: https://www.econbiz.de/10011290974