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on Microfinance |
| By: | Mohamed Abdallah Ali (TREE - Transitions Energétiques et Environnementales - UPPA - Université de Pau et des Pays de l'Adour - CNRS - Centre National de la Recherche Scientifique, IRMAPE - Institut de Recherche en Management et Pays Emergents - ESC PAU - Ecole Supérieure de Commerce, Pau Business School); Mazhar Mughal (ESC PAU - Ecole Supérieure de Commerce, Pau Business School); Dina Chhorn (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | Women's empowerment is crucial to improve their political, social, economic, health and sanitary situation. This paper estimates the effect of microfinance on women's empowerment in Djibouti. Using cross-sectional data of 692 households based in Djibouti's six major centres Djibouti-ville, Arta, Ali-Sabieh, Dikhil, Obock and Tadjourah, we construct original measures of women's empowerment index covering three dimensions (economic, social and interpersonal). We examine the extent to which access to microfinance, amount of loans obtained and their duration modifies women's status at home. Employing the instrumental variables (IV) estimations and a number of econometric techniques as robustness checks, we find a significantly positive association between microcredit and women's empowerment. Households with access to loans from MFIs are respectively 35.4%, 30.9% and 10.1% more likely to be economically, socially and interpersonally empowered. The effect of access to microfinance and the number of loans is also significant. However, women who took four or more loans from microfinance institutions are 27.7%, 23.5% and 6.8% less likely to be economically, socially and interpersonally empowered. The results of the study confirm generally positive socioeconomic effects of microfinance programmes. |
| Keywords: | Djibouti,Instrumental variables (IV),Microfinance,Women's empowerment |
| Date: | 2021–10–13 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wptree:hal-03375661&r=mfd |
| By: | Dalton, Patricio (Tilburg University, School of Economics and Management); Pamuk, H. (Tilburg University, School of Economics and Management); Ramrattan, R.; van Soest, Daan (Tilburg University, School of Economics and Management); Uras, Burak (Tilburg University, School of Economics and Management) |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:tiu:tiutis:ab4a8785-7101-48c4-b685-cb160536d2e5&r=mfd |
| By: | Carli, Francesco; Uras, Burak (Tilburg University, School of Economics and Management) |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:tiu:tiutis:d6c0389e-1036-4748-9040-5b52809a491f&r=mfd |
| By: | Serebryakova, Evgeniya |
| Abstract: | The role of ICTs for women’s empowerment in the development context is increasingly being discussed in the field of Information and Communication Technologies for Development (ICT4D). Studies have been conducted investigating the empowering potential of ICTs. Yet research on the Central Asian region is lacking, in particular regarding the most vulnerable group of people in the region: rural women. This paper aims to shed light on this gap by conducting an exploratory analysis using an adapted version of Kleine’s Choice Framework, which is based on Amartya Sen’s capability approach, using secondary data sources. Through a focus on the countries of Kazakhstan, Kyrgyzstan, and Tajikistan, the adapted version of the Choice Framework is used as a mapping tool to identify the barriers and opportunities that ICTs can have for rural women’s empowerment in the region. The findings show that a lack of access and infrastructure of ICTs remains the biggest barrier in the region, with the exception of Kazakhstan. Where ICTs are being used, this is likely to take place through mobile phones, reflecting a common tendency throughout developing countries. Additionally, the local context regarding traditional gender roles, and social norms constrains women’s agency, in combination with an increasingly oppressive political environment. This combination of factors means that ICTs do not currently appear to present an empowering tool for rural women in the region. |
| Date: | 2022–11–18 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:v72xw&r=mfd |
| By: | Tang, Xinyin; Feng, Chong; Zhu, Jianping; He, Minna |
| Abstract: | A growing number of borrowers are applying for digital credit through Internet platforms due to the integration of digital credit services the Internet. However, further empirical evidence is needed to explore how a borrower’s platform behaviors affect its credit risk. As such, our study uses signaling theory as the theoretical foundation to explore the overall effects of a borrower's platform involvement intensity on its credit risk based on a large consumer credit application dataset. The main finding shows the increase in a borrower’s involvement intensity reduces its likelihood of defaulting. We attribute it to the platform's belief that borrowers with high involvement intensity have the higher value to the platform. In addition, we examine how a borrower's involvement intensity is moderated by several factors, such as the stability of its platform involvement intensity and its credit history. Due to the importance of digital credit services in microfinance, we have provided useful implications for achieving win-win outcomes in the credit market for the stakeholders. |
| Date: | 2022–12–01 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:qga8j&r=mfd |
| By: | Gopi Shah Goda (Stanford University); Matthew R. Levy (London School of Economics and Political Science); Colleen Flaherty Manchester (University of Minnesota - Twin Cities); Aaron Sojourner (W.E. Upjohn Institute for Employment Research); Joshua Tasoff (Claremont Graduate University); Jiusi Xiao (Claremont Graduate University) |
| Abstract: | We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers’ retirement-savings decisions. In both conditions, the calculator projects workers’ retirement income goals. In the treatment condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between projected goal and actual retirement income, and allows users to interactively explore how alternative, future contribution choices would affect the gap. The treatment increased average annual retirement contributions by $174 (2.3 percent). However, effects were larger for those with greater financial knowledge, suggesting this type of tool complements, rather than substitutes for, underlying financial capability. |
| Keywords: | retirement planning, retirement saving, exponential-growth bias, present bias, financial literacy, financial capability |
| JEL: | D14 G53 J32 |
| Date: | 2022–11 |
| URL: | http://d.repec.org/n?u=RePEc:upj:weupjo:22-378&r=mfd |
| By: | Evelyn Odonkor (The American University of Paris); Jessie Pallud (Humanis - Hommes et management en société / Humans and management in society - UNISTRA - Université de Strasbourg) |
| Abstract: | While mobile technology adoption has been largely examined by IS research, the symbolic meanings related to these technologies and the role they play in the adoption of mobile technologies in developing countries has been neglected. Thus, this study examines the effects of symbolic drivers (extended self, uniqueness, and status gain), experiential (flow), and functional drivers (ease of use, usefulness) on mobile technology usage by applying the fuzzy-set configurational approach (fsQCA). Survey responses were collected from 430 inhabitants from Ghana. The results show six configurations in which different combinations of symbolic meanings with traditional adoption factors lead to mobile phone usage. These multiple configurations reveal that there is not a single optimal feature that leads to mobile phone adoption in developing countries but rather a blend of features, depending on different combinations of symbolic, experiential, and functional variables. |
| Keywords: | Developing Countries,Extended Self,Fuzzy-Set Qualitative Comparative Analysis (fsQCA),Ghana,Mobile Phone Adoption,Symbolic Drivers |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03866912&r=mfd |
| By: | Marianna Brunetti; Rocco Ciciretti; Nadia Linciano; Monica Gentile; Paola Soccorso |
| Abstract: | Employing structured financial planning to manage personal finances on is associ-ated with higher levels of financial well-being and increased ability to react to shocks. There-fore, it is important to understand the factors associated with the propensity to plan and what it is that promotes financial planning. Our empirical evidence for a sample of Italian households shows a poor inclination for financial planning. CONSOB Survey data on the fi-nancial investments made by of Italian household (or FIIH) are used to estimate a probit model which shows a positive association between financial planning and financial knowledge, and the relevance of personal traits such as financial anxiety and financial self-efficacy, financial control (control over savings, spending and indebtedness) and financial conditions. The findings provide useful insights for financial decision-makers in the context of financial education initiatives and client-intermediary relationship aimed at promoting appropriate attitudes and choices towards managing money. |
| Keywords: | financial planning, budgeting, household finance, financial control, financial self-efficacy, financial literacy, financial knowledge |
| JEL: | D14 G51 G53 C21 C51 |
| Date: | 2022–11 |
| URL: | http://d.repec.org/n?u=RePEc:mod:wcefin:0091&r=mfd |