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Persistent link: https://www.econbiz.de/10005811861
Knut Wickwell's "pure credit economy" and Michael Woodford's "cashless economy" have much in common whereas Wickwell …
Persistent link: https://www.econbiz.de/10005812565
This Economic Letter discusses why standard versions of structural models of default tend to underpredict the level of risk premiums and variations in those premiums over time. Drawing on recent research, the Letter suggests modifications to these standard models in order to better explain...
Persistent link: https://www.econbiz.de/10008504164
This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but that is beyond the scope of this paper. Our goal here is to present a descriptive overview of the...
Persistent link: https://www.econbiz.de/10008504571
Remarks at the New York Association for Business Economics, New York City.
Persistent link: https://www.econbiz.de/10008504613
additional constraint faced by them in accessing the credit. Design/methodology/approach – For the estimation purpose …, multivariate logit regression is used, taking borrowing any credit as dependent variable. Findings – Results indicate that women … lack easier access to formal credit and the socio-economic, cultural background of the family significantly impact …
Persistent link: https://www.econbiz.de/10008509663
The foreign bank was a fundamental ground throughout the transformation of the credit-driven money relations in Latin … America in the period of 1830-1910. The States required flows of credit to finance the development, fact that contributed the … and credit systems. …
Persistent link: https://www.econbiz.de/10008509678
and the role that credit plays in monetary policy. …
Persistent link: https://www.econbiz.de/10008511827
The paper is aimed at exploring as to how such co-operatives (i) function and deal with members while delivering micro finance; (ii) mobilise funds, and (iii) get shaped and reshape the contents of members’ participation in them. Qualitative and quantitative data collected from the offices...
Persistent link: https://www.econbiz.de/10008512459
Poverty in third world (TW) countries is a serious problem, and microcredit has become the most popular approach to address this undesirable phenomenon. This model, perceived more than a quarter century ago in Bangladesh, is now being pursued around the globe. In spite of this enormous...
Persistent link: https://www.econbiz.de/10008513354