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  • 2020-2024  (5)
  • 2000-2004  (11)
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  • English  (16)
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  • 1
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, Development Economics, Development Research Group
    Language: English
    Pages: 1 Online-Ressource (circa 71 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9495
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Breza, Emily Learning to Navigate a New Financial Technology: Evidence from Payroll Accounts
    Keywords: Learning ; financial inclusion ; financial consumer protection ; Graue Literatur
    Abstract: How do inexperienced consumers learn to use a new financial technology? This paper presents results from a field experiment that introduced payroll accounts in a population of largely unbanked factory workers in Bangladesh. In the experiment, workers in a treatment group received monthly wage payments into a bank or mobile money account while workers in a control group continued to receive wages in cash, with a subset also receiving an account without automatic wage payments. The results show that exposure to payroll accounts leads to increased account use and consumer learning. Those receiving accounts with automatic wage payments learn to use the account without assistance, begin to use a wider set of account features, and learn to avoid illicit fees, which are common in emerging markets for consumer finance. The treatments have real effects, leading to increased savings and improvements in the ability to cope with unanticipated economic shocks. An additional audit study provides suggestive evidence of market externalities from consumer learning: mobile money agents are less likely to overcharge inexperienced customers in areas with higher levels of payroll account adoption. This suggests potentially important equilibrium effects of introducing accounts at scale
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  • 2
    Language: English
    Pages: 1 Online-Ressource (circa 45 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9133
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Erhan Artuc Toward Successful Development Policies: Insights from Research in Development Economics
    Keywords: Graue Literatur
    Abstract: What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13 short, nontechnical briefing notes prepared in response to this request, summarizing a selection of major insights in development economics in the past decade. The notes synthesize evidence from recent research on how policies should be designed, implemented, and evaluated, and provide illustrations of what works and what does not in selected policy areas
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : World Bank, Development Research Group, Finance
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 2544
    Parallel Title: Klapper, Leora The uniqueness of short-term collateralization
    Keywords: Commercial loans Econometric models ; Lines of credit Econometric models ; Security (Law) ; Commercial loans Econometric models ; Lines of credit Econometric models ; Security (Law)
    Abstract: A secured letter-of-credit loan allows a lender to make larger loans than would be permissible on an unsecured basis, maximizing a risky borrower's investment capital. Empirical evidence shows that secured letters of credit are used by borrowers who are informationally opaque and have higher observable risk. Such borrowers also have fewer growth opportunities and are less likely to pay dividends
    Note: "February 2001"--Cover , Includes bibliographical references (p. 32-33) , Title from title screen as viewed on Sept. 18, 2002 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : World Bank, Development Research Group, Finance
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 2818
    Parallel Title: Klapper, Leora Corporate governance, investor protection, and performance in emerging markets
    Keywords: Business enterprises Valuation ; Corporate governance ; Corporations Valuation ; Investments Law and legislation ; Business enterprises Valuation ; Corporate governance ; Corporations Valuation ; Investments Law and legislation
    Note: "April 2002 , Includes bibliographical references (p. 23-24) , Title from title screen as viewed on May 28, 2002 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Ansar, Saniya The Importance of Financial Education for the Effective use of Formal Financial Services
    Keywords: Account Ownership ; Digital Finance ; Finance and Financial Sector Development ; Financial Education ; Financial Inclusion ; Mobile Money
    Abstract: This paper examines global data on unbanked and underbanked consumers to highlight the role that improved financial literacy and capability could play in motivating and enabling the safe and beneficial use of financial services. The paper uses data from Global Findex, a demand-side survey on ownership and use of accounts at formal financial institutions. The paper reviews the self-reported barriers to account ownership and use cited by unbanked adults, and identifies the challenges faced by account owners who could not use an account without help. Together, these issues point to the importance of financial education to improve digital and financial literacy skills, in addition to product design that considers customer abilities, and strong consumer safeguards to ensure that customers benefit from financial access
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : World Bank, Development Research Group, Finance
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 2656
    Parallel Title: Berger, Allen N The ability of banks to lend to informationally opaque small businesses
    Keywords: Bank loans ; Commercial loans ; Financial institutions ; Small business ; Bank loans ; Commercial loans ; Financial institutions ; Small business
    Abstract: Large and foreign-owned institutions may have difficulty extending relationship loans to informationally opaque small firms. Bank distress does not appear to affect small business lending, although even small firms may react to bank distress by borrowing from multiple banks
    Note: "August 2001 , Includes bibliographical references (p. 31-36) , Title from title screen as viewed on Sept. 04, 2002 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3105
    Parallel Title: Berger, Allen N Further evidence on the link between finance and growth
    Keywords: Community banks Case studies ; Community banks Case studies
    Note: "July 23, 2003 , Includes bibliographical references , Title from title screen as viewed on July 24, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3103
    Parallel Title: Aggarwal, Reena Ownership structure and initial public offerings
    Keywords: Corporate governance ; Going public (Securities) ; Corporate governance ; Going public (Securities)
    Note: "July 17, 2003 , Includes bibliographical references , Title from title screen as viewed on July 21, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3342
    Parallel Title: Udell, Gregory F Financing small and medium-size enterprises with factoring
    Keywords: Factoring (Finance) ; Small business Finance ; Factoring (Finance) ; Small business Finance
    Note: Includes bibliographical references , Title from PDF file as viewed on 6/21/2004 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : World Bank, Development Research Group, Finance
    Language: English
    Pages: Online-Ressource (35, 1, 8 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print under title Capital structure and financial risk
    Series Statement: Policy research working paper 2606
    Parallel Title: Allayannis, George Exchange rate risk management
    Keywords: Debts, External ; Derivative securities ; Foreign exchange ; Hedging (Finance) ; Risk management ; Debts, External ; Derivative securities ; Foreign exchange ; Hedging (Finance) ; Risk management
    Abstract: In a large sample of East Asian nonfinancial corporations, firms using foreign currency derivatives had distinctive characteristics, such as larger size and foreign debt exposures. Unlike in studies of U.S. firms, there was only weak evidence that liquidity-constrained firms with greater growth opportunities hedged more. Firms appeared to use foreign earnings as a substitute for hedging with derivatives, and to engage in "selective" hedging. There was no evidence that East Asian firms eliminated their foreign exchange exposure by using derivatives. And firms using derivatives before the crisis performed just as poorly as nonhedgers during the crisis
    Note: "May 2001"--Cover , Includes bibliographical references (p. 30-32) , Also available in print under title Capital structure and financial risk.
    URL: Volltext  (Deutschlandweit zugänglich)
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