Repaying Microcredit Loans: A Natural Experiment on Liability Structure
نویسندگان
چکیده
منابع مشابه
The effect of Iranian banks\' merger on structure of loans
Iranian banking network policymakers are focused on bank consolidation as one of the reform policies in recent years. But before merging banks, it is necessary to examine their effects. Loans are one crucial item in the bankschr('39') balance sheets that are affected by bank consolidation. In the Iranian banking network, loans are offered to various economic sectors. What is important for banki...
متن کاملOperating Flexibility and Capital Structure: Evidence from a Natural Experiment∗
This paper provides causal evidence of flexible operating strategies affecting capital structure of firms. I exploit the appealing setting of the European labor market to show that the use of employment contracts that provide firms with a greater operating flexibility in terms of less costly firing promotes debt financing. I build the identification strategy on the exogenous inter-temporal and ...
متن کاملAn Introduction to Natural Experiment Studies
در دو سخن سردبیری شماره‌های قبل به مطالعات مداخله‌ای (Interventional and/or experimental studies) [1] و مطالعات نیمه تجربی (studies Quasi-experiment) [2] پرداختیم. همان جا، به این نکته اشاره کردیم که برای اندازه‌گیری کارآیی یک دارو، واکسن، برنامه بهداشت عمومی و متغیرهای دیگری از این دست، مطالعات مداخله‌ای بهترین گزینه هستند. تقسیم تصادفی و کورسازی از مؤلفه‌های اساسی یک مطالعه مداخله‌ای است [1]....
متن کاملOn the Optimal Structure of Liability Laws
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملBank Liability Structure
Since the fiduciary duty of bank management is to maximize bank value and not social welfare, we analytically solve for the liability structure that maximizes the value of a bank leveraged by deposits and subordinated debt. Our analysis offers a perspective on privately-rational bank capital structure and its interaction with regulatory environment. Absent deposit insurance and regulatory closu...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of Development Studies
سال: 2019
ISSN: 0022-0388,1743-9140
DOI: 10.1080/00220388.2019.1632432