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on Microfinance |
By: | Suresh de Mel; David McKenzie; Christopher Woodruff |
Keywords: | Macroeconomics and Economic Growth - Investment and Investment Climate Private Sector Development - E-Business Finance and Financial Sector Development - Microfinance Finance and Financial Sector Development - Debt Markets Finance and Financial Sector Development - Rural Finance |
Date: | 2012–02 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:10060&r=mfd |
By: | Jasmina Glisovic; Louise Moretto |
Keywords: | Finance and Financial Sector Development - Microfinance Finance and Financial Sector Development - Debt Markets Private Sector Development - Emerging Markets Finance and Financial Sector Development - Currencies and Exchange Rates Finance and Financial Sector Development - Access to Finance |
Date: | 2012–05 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:9442&r=mfd |
By: | Jasmina Glisovic; Senayit Mesfin; Louise Moretto |
Keywords: | Macroeconomics and Economic Growth - Investment and Investment Climate Finance and Financial Sector Development - Debt Markets Private Sector Development - Emerging Markets Finance and Financial Sector Development - Access to Finance Finance and Financial Sector Development - Non Bank Financial Institutions |
Date: | 2012–06 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:9440&r=mfd |
By: | Xavier Faz; Paul Breloff |
Keywords: | Macroeconomics and Economic Growth - Investment and Investment Climate Social Protections and Labor - Labor Policies Private Sector Development - Emerging Markets Economic Theory and Research Finance and Financial Sector Development - Access to Finance |
Date: | 2012–05 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:9441&r=mfd |
By: | Suresh de Mel; David McKenzie; Christopher Woodruff |
Keywords: | Private Sector Development - E-Business Finance and Financial Sector Development - Microfinance Finance and Financial Sector Development - Debt Markets Macroeconomics and Economic Growth - Climate Change Economics Small Scale Enterprise Industry |
Date: | 2012–03 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:10053&r=mfd |
By: | Bruhn, Miriam; Ibarra, Gabriel Lara; McKenzie, David |
Abstract: | Take-up of voluntary financial education programs is typically extremely low. This paper reports on randomized experiments around a large financial literacy course offered in Mexico City to understand the reasons for low take-up, and to measure the impact of financial education. It documents that the general public displays little interest in such courses and that participation is low even among individuals who express interest in financial education. The paper experimentally investigates barriers to take-up, and finds no impact of relaxing reputational or logistical constraints and no evidence that time inconsistency is the reason for limited participation. Even relatively sizeable monetary incentives get less than 40 percent of interested individuals invited to training to attend. Using a randomized encouragement design, the authors measure the impact of the course on financial knowledge and behavior. Attending training results in a 9 percentage point increase in financial knowledge and a 9 percentage point increase in saving outcomes, but no impact on borrowing behavior. Administrative data indicate that the savings impact is relatively short-lived. The results suggest people are making optimal choices not to attend financial education courses, and point to the limits of using general purpose courses to improve financial behavior for the general population. |
Keywords: | Financial Literacy,Access to Finance,Education For All,Access&Equity in Basic Education,Primary Education |
Date: | 2013–05–01 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:6439&r=mfd |
By: | Mahmoud Mohieldin |
Keywords: | Finance and Financial Sector Development - Debt Markets Banks and Banking Reform Private Sector Development - Emerging Markets Finance and Financial Sector Development - Access to Finance Finance and Financial Sector Development - Islamic Finance |
Date: | 2012–03 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:10051&r=mfd |