This paper investigates whether the country-level financial environment in which microfinance institutions (MFIs) have to work affects their operations. In particular, we argue that the efficiency of MFIs is determined by the extent to which financial markets of countries are developed. On the...

Social security entitlements are a substantial source of wealth that grows in importance over the individual's lifecycle. Despite its quantitative relevance, social security wealth has been thus far omitted from wealth inequality analyses. In Germany, it is the lack of adequate micro data that...

Social security entitlements are a substantial source of wealth that grows in importance over the individual's lifecycle. Despite its quantitative relevance, social security wealth has been thus far omitted from wealth inequality analyses. In Germany, it is the lack of adequate micro data that...

Social security entitlements are a substantial source of wealth that grows in importance over the individual's lifecycle. Despite its quantitative relevance, social security wealth has been thus far omitted from wealth inequality analyses. In Germany, it is the lack of adequate micro data that...

Social security entitlements are a substantial source of wealth that grows in importance over the individual's lifecycle. Despite its quantitative relevance, social security wealth has been thus far omitted from wealth inequality analyses. In Germany, it is the lack of adequate micro data that...

This paper discusses why Nicaragua is today one of the poorest countries in the region of Latin America and the Caribbean. Lack of sustained economic growth is viewed as the main cause of poverty in the country. The effects of political conflicts on the breaks of the long term growth path are...

The current COVID-19 pandemic caused a significant shock to the world economy which led to large-scale government support measures and thus proved the non-resilience of the current financial ecosystem, with devastating effects on the human global population. As research indicates, pandemic...

El objetivo del presente estudio es analizar el funcionamiento del sistema de microcréditos en Cabo Verde en su papel de instrumento de lucha contra la pobreza. Abordamos los microcréditos desde un punto de vista social y financiero. Para ello, viajamos y encuestamos a una muestra...

In the paper, an Analysis of Principal Components is used to explain the structure of Variance and Covariance, associated with the variables that represent the Mexican industrial performance, from the financial point of view in the period 1998-2001, with the purpose of reducing the number of...

Mit der Neuordnung der Verbraucherkreditregulierung durch die EU (Verbraucherkreditrichtlinie) und einer Zunahme von Armutskrediten ("sub prime lending") in einigen Industrieländern ist die Frage aufgetaucht, welche Kalküle bei Entscheidungen über Kleinkredite zum Tragen kommen. In vielen...