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This paper provides a descriptive analysis of the profile of village and small-town enterprises in Pakistan drawing on a large-scale survey of enterprises. Although the enterprise sector does not appear to be particularly dynamic, the data indicate that there has been employment growth in this...
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Although private credit funds have rapidly grown into a standalone asset class over the last decade, little is known about the aggregate performance of these funds. To provide a first look at absolute and relative performance, we utilize the Burgiss database of 476 private credit funds with...
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Exploiting a policy-induced variation in asset liquidation value, we evaluate how changes in lenders’ ability to liquidate collateral affect non-mortgage credit provision in the context of personal loan application. The housing policy increases the probability of loans being granted by 6.5%....
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