Search results for "MICRO FINANCE"

showing 3 items of 3 documents

Another "French paradox": explaining why interest rates to microenterprises dit not increase with the change in French usury legislation

2015

Conventional wisdom indicates that the growth of credit may not materialize if credit rates remain capped by usury laws, as had long been the case in France. France therefore abolished usury ceilings on loans to microenterprise in an effort to increase financing for microentrepreneurs. This should have led to an increase in interest rates and increase in microcredit. However, we do not find any increase in interest rates and this is therefore a paradox. The paper provides a brief literature review and the salient features of the legislative changes in France. It follows this up with a presentation of interest rate movements. The discussion of possible explanations of the paradox includes cl…

060106 history of social sciencesMonetary economicsBehavioral economicslaw.inventionUsuryInformation asymmetry[ QFIN ] Quantitative Finance [q-fin]JEL: G - Financial Economics/G.G2 - Financial Institutions and Services/G.G2.G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages[SHS.DROIT]Humanities and Social Sciences/LawlawEconomicsInstitutional analysis0601 history and archaeologyJEL : B - History of Economic Thought Methodology and Heterodox Approaches/B.B5 - Current Heterodox Approaches/B.B5.B59 - Other050207 economicsmedia_commonusury050208 finance[QFIN]Quantitative Finance [q-fin]Limited liability05 social sciences1. No povertybehavioural finance06 humanities and the artsJEL: B - History of Economic Thought Methodology and Heterodox Approaches/B.B5 - Current Heterodox Approaches/B.B5.B52 - Institutional • EvolutionaryInterest rateJEL : K - Law and Economics/K.K0 - General/K.K0.K00 - General8. Economic growth[SHS.GESTION]Humanities and Social Sciences/Business administrationJEL: B - History of Economic Thought Methodology and Heterodox Approaches/B.B5 - Current Heterodox Approaches/B.B5.B59 - OtherJEL: E - Macroeconomics and Monetary Economics/E.E4 - Money and Interest RatesEconomics and Econometricsmedia_common.quotation_subjectMoney supplyLegislationBasel IIConventional wisdom[ SHS.DROIT ] Humanities and Social Sciences/LawJEL : E - Macroeconomics and Monetary Economics/E.E4 - Money and Interest Rates0502 economics and businessBusiness and International Management[ SHS.GESTION ] Humanities and Social Sciences/Business administrationFinanceMicrofinancebusiness.industryJEL : G - Financial Economics/G.G2 - Financial Institutions and Services/G.G2.G21 - Banks • Depository Institutions • Micro Finance Institutions • MortgagesJEL : B - History of Economic Thought Methodology and Heterodox Approaches/B.B5 - Current Heterodox Approaches/B.B5.B52 - Institutional • Evolutionarylaw and economicsinstitutional analysismicrofinancemicrocreditJEL: K - Law and Economics/K.K0 - General/K.K0.K00 - GeneralbusinessLawinterest rate
researchProduct

Entrepreneurship Training and Self-Employment among University Graduates

2012

In economies characterized by low labor demand and high rates of youth unemployment, entrepreneurship training has the potential to enable youth to gain skills and create their own jobs. This paper presents experimental evidence on a new entrepreneurship track that provides business training and personalized coaching to university students in Tunisia. Undergraduates in the final year of licence appliquee were given the opportunity to graduate with a business plan instead of following the standard curriculum. This paper relies on randomized assignment of the entrepreneurship track to identify impacts on labor market outcomes one year after graduation. The analysis finds that the entrepreneur…

DISADVANTAGED YOUTHEMPLOYMENT PROGRAMSUNIVERSITY STUDENTSFINANCIAL ANALYSISEXAMSENTREPRENEURSHIP SUPPORTPRIVATE SECTOR JOBSCLASSROOMEMPLOYMENT OPPORTUNITIESEMPLOYMENTACTIVE LABOR MARKETHIGH UNEMPLOYMENTPERSONALITYPRESENT EVIDENCEINFORMATION ABOUT CREDITENTREPRENEURIAL ACTIVITIES[ SHS.EDU ] Humanities and Social Sciences/EducationWORKERSENROLLMENT RATESBUSINESS OWNERSWAGE SUBSIDYEMPLOYMENT OUTCOMESGRADUATION RATEOCCUPATIONSMENTAL HEALTHPUBLIC SECTOR JOBSLABOR MARKET OUTCOMESYOUTH TRAININGCOLLEGE GRADUATEINTERVENTIONSEARNINGSREADINGSKILLED WORKERSBUSINESS TRAININGSALARIED EMPLOYMENT[SHS.EDU]Humanities and Social Sciences/EducationCOMPETENCIESLOCAL EMPLOYMENT OFFICEVENTURE CAPITAL FIRMWORKERUNEMPLOYEDUNIVERSITY PROFESSORSPLAYINGHIGHER EDUCATIONJOB SEARCHLITERACYRECOGNITIONENTREPRENEURSHIP TRAININGSTHINKINGBUSINESS SURVIVALSURVIVAL RATESYOUTH UNEMPLOYMENTEMPLOYABILITYLABOR DEMANDUNEMPLOYMENT SPELLSATTRITIONMINIMUM WAGESKILLS DEVELOPMENTPROFITABILITYFINANCIAL LITERACYPRODUCTIVITY GROWTHENTREPRENEURSPREVIOUS SECTIONGROSS ENROLLMENTSPORTSUNIVERSITY DEGREEEMPLOYMENT STATUSLABOUREXCLUSIONYOUTH UNEMPLOYMENT RATESTART-UPHUMAN DEVELOPMENTNEW BUSINESSESYOUTH EMPLOYMENTPOST-SECONDARY EDUCATIONACADEMIC YEARACCESS TO INFORMATIONUNEMPLOYMENT RATEEMPLOYMENT RATEMINISTRIES OF EDUCATIONBUSINESS PLANLABOR ECONOMICSTELECOMMUNICATIONSJOB SATISFACTIONWAGE SUBSIDY PROGRAMSSOCIAL NETWORKYOUNG WORKERSGROSS ENROLLMENT RATESLOANProgram evaluationPRIVATE SECTOR WAGEMICROFINANCEWAGE SUBSIDIESDEVELOPMENT BANKINDIVIDUAL ENTREPRENEURSHIPComputingMilieux_THECOMPUTINGPROFESSIONGRADUATION REQUIREMENTSPRIVATE SECTOR JOBPUBLIC EMPLOYMENTATTENTIONSALARIED WORKERSKILLS TRAININGSTART-UP CAPITALLEADERSHIPGENDERADMINISTRATIVE RECORDSON-THE-JOB TRAININGFEMALE ENTERPRISEENTREPRENEURSHIP DEVELOPMENTLOCAL EMPLOYMENT OFFICESLABOR FORCE SURVEYPRELIMINARY EVIDENCEEMPLOYERSGRADUATES WITH SKILLSENTREPRENEURFAMILIESTRAINING PROGRAMSEMPLOYMENT OFFICEYOUTH UNEMPLOYMENT RATESCLASSROOM TRAININGJOB OPPORTUNITIESFIRM SIZEUNDERGRADUATESJOBSCURRICULUMUNIVERSITY GRADUATESEMPLOYMENT PROGRAMPUBLIC SECTOR JOBTRAINING PROGRAMMINISTRY OF EDUCATIONTRAINING COURSEUNEMPLOYED YOUTHTRAINING COMPONENTCOMMUNITY COLLEGEENTREPRENEURIAL ACTIVITYEMPLOYMENT IMPACTSSelf-employmentPREVIOUS STUDIESSELF-EMPLOYMENTLACK OF ACCESSLABOR MARKETELIGIBLE STUDENTSSOCIAL COHESIONVOCATIONAL TRAINING PROGRAMSCONTROL GROUPSTECHNICAL KNOWLEDGETERTIARY EDUCATIONGROWTH OPPORTUNITIESSOCIAL SECURITYLITERATURELABOR MARKET EXPERIENCETRAINING PARTICIPANTSECONOMIC CHARACTERISTICSPERSONALITY TRAITSEntrepreneurship trainingDEVELOPMENT CENTERCREDIT CONSTRAINTSEMPLOYMENT POLICIESBUSINESS PLANSOPEN ACCESSTRAINING CONTENTMICRO ENTERPRISESPAPERSWAGE EMPLOYMENTACTIVE LABOR MARKET PROGRAMSJOB OFFERSUBSTITUTION EFFECTPRIVATE SECTORCREDIT ACCESSBehavioral skill[SHS.EDU] Humanities and Social Sciences/EducationHOUSEHOLD INCOMEMICROFINANCE INSTITUTIONSYOUTH TRAINING PROGRAMTEACHINGLEARNINGACCESS TO CREDITPSYCHOLOGYACHIEVEMENTINTERNATIONAL BANKVENTURE CAPITALACCESS TO JOBSUNIVERSITIESPROGRAM BENEFICIARIESSoft skillMOTIVATIONRECALLCREDIT APPLICATIONSLABOR FORCEFINANCIAL SUPPORTBUSINESS NETWORKSMICRO FINANCEVOCATIONAL TRAININGENTREPRENEURIAL SKILLSYouth employmentENTREPRENEURSHIP TRAININGLACK OF INFORMATIONACTIVE LABOR
researchProduct

The governance of non-profit micro finance institutions: lessons from history

2009

Published version of an article in the journal: Journal of Management & Governance. Also available from Springer: http://dx.doi.org/10.1007/s10997-009-9116-7 Microfinance is high on the public agenda, and better corporate governance has been identified as a key factor for enhancing the viability of the industry. However, recent literature on the subject struggles to identify the corporate governance mechanisms that influence the performance of the Micro Finance Institutions (MFIs). Guided by stakeholder and agency theories, this paper uses a historical parallel found in savings banks to present corporate governance lessons for MFIs, particularly non-profit MFIs, today. The findings indicate…

MicrofinanceMicro financelawbusiness.industryCorporate governanceControl (management)Agency (sociology)StakeholderAccountingBusinessNon profitBusiness and International Managementlaw.inventionJournal of Management & Governance
researchProduct