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determinants of household saving with special interest in the possible effects of network savings behavior on household savings … stimulate formal household savings making. We discuss the extent to which social networks may act as an effective information …
Persistent link: https://www.econbiz.de/10015246516
(positive) impact on households’ consumption (savings), even after we control for family income. We argue that people save to … inequality can strengthen the incentives of status-seeking savings by increasing the benefit of improving status and enlarging …
Persistent link: https://www.econbiz.de/10015221527
This paper detects pro-girl (age 5-15) bias in intrahousehold allocation of consumption budget in the rural Philippines using Deaton’s “adult goods” method. Based on additional checks (including those for endogeneity), the results appear to be robust. The paper also finds that a larger...
Persistent link: https://www.econbiz.de/10015241120
Using firm-level data from the World Bank Enterprise Surveys, covering 159 countries from 2006 to 2023, we examine whether past informality affects the credit constraints of registered firms. Estimations, based on the entropy balancing method, indicate that registered firms that began operations...
Persistent link: https://www.econbiz.de/10015213897
Peer-to-peer lending platforms are increasingly important alternatives to traditional forms of credit intermediation for small value loans. There are high hopes that they improve financial inclusion and provide better terms for borrowers. To study these hopes, we introduce altruistic investors...
Persistent link: https://www.econbiz.de/10015215073
Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance...
Persistent link: https://www.econbiz.de/10015222386
Microfinance (MF) and family planning (FP) are thought to be very important interventions in the promotion of human …
Persistent link: https://www.econbiz.de/10015227854
The existing theoretical analysis of microfinance focuses on the nature of the loan contract such as group liability … generation' debates in microfinance. Our analysis helps explain a number puzzles in microfinance such as (i) high repayment rates …
Persistent link: https://www.econbiz.de/10015233932
The effectiveness of microfinance in improving the economic lives of the poor has been under extensive scrutiny in last … two decades. Most of the studies on Bangladesh focus on the poverty and women’s empowerment impacts of microfinance. We … facing adverse shocks. The available evidence suggests that the microfinance in Bangladesh helped free many households from …
Persistent link: https://www.econbiz.de/10015263455
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10015264357