New Economics Papers
on Microfinance
Issue of 2013‒05‒22
seven papers chosen by
Aastha Pudasainee and Olivier Dagnelie


  1. Long Term Impacts of One Off Grants to Microenterprises By Suresh de Mel; David McKenzie; Christopher Woodruff
  2. How Have Market Challenges Affected Microfinance Investment Funds? By Jasmina Glisovic; Louise Moretto
  3. Microfinance Investment in Sub-Saharan Africa : Turning Opportunities into Reality By Jasmina Glisovic; Senayit Mesfin; Louise Moretto
  4. A Structured Approach to Understanding the Financial Service Needs of the Poor in Mexico By Xavier Faz; Paul Breloff
  5. Do Informal Firms Want to Formalize and Does It Help Them If They Do? By Suresh de Mel; David McKenzie; Christopher Woodruff
  6. Why is voluntary financial education so unpopular ? Experimental evidence from Mexico By Bruhn, Miriam; Ibarra, Gabriel Lara; McKenzie, David
  7. Realizing the Potential of Islamic Finance By Mahmoud Mohieldin

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. 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

This issue is ©2013 by Aastha Pudasainee and Olivier Dagnelie. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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