Microfinance institutions are important, particularly in developing countries, because they expand the frontier of financial intermediation by providing loans to those traditionally excluded from formal financial markets. This paper presents the first systematic statistical examination of the...

Microfinance institutions are important, particularly in developing countries, because they expand the frontier of financial intermediation by providing loans to those traditionally excluded from formal financial markets. This paper presents the first systematic statistical examination of the...

Microfinance institutions are important, particularly in developing countries, because they expand the frontier of financial intermediation by providing loans to those traditionally excluded from formal financial markets. This paper presents the first systematic statistical examination of the...

This paper examines the relation of several factors, including the GMAT score, undergraduate background, and work experience to academic success in an Executive MBA program. The GMAT score was found to have a weak, if any, relation to overall academic success for Executive MBA students, although...

Scope economies resulting from the joint offering of loans and savings accounts (as opposed to loans only) are customarily invoked to promote the transformation of credit-only microfinance institutions (MFIs) into integrated loans-and-savings entities. To ensure robust inference, we estimate...

Prior studies of the diversification-driven cost savings from the joint provision of credit and deposits in microfinance usually ignore the multi-way heterogeneity across MFIs which vary substantially in size, business model, target clientele and operate in diverse environments. Using a quantile...

This study examines the factors and behaviors that affect Southeast US farmers’ ability to meet their loan payment obligations within the stipulated loan term. The study also estimates a credit risk model using farm-level financial information to determine the credit worthiness of various...

This article asks if women are better bankers to the poor, motivated by recent work showing differences in performance between male and female CEOs in financial firms and in NGOs. We adapt the banking approach to managerial efficiency to account for the outreach and sustainability goals of...