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Mostrando ítems 11-20 de 29
Economic Shocks and Crime: Evidence from the Crash of Ponzi Schemes
(CAF, 2016-03-14)
In November 2008, Colombian authorities dismantled a network of Ponzi schemes, making hundreds of thousands of investors lose tens of millions of dollars throughout the country. Using original data on the geographical ...
Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
(CAF, 2012)
In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
Banking Services Supply and Micro Firm Performance: Evidence from Colombia
(CAF, 2010)
This paper uses a dataset of a survey of Colombian micro firms from 2003 to 2007 in combination with data from publicly available sources about banking services supply at the municipality level, to assess the impact of the ...
Acceso al financiamiento de la pequeña y mediana empresa en Colombia: retos de política pública
(CAF, 2011)
Este artículo presenta de manera resumida las reflexiones y hallazgos de trabajos previos sobre el acceso al financiamiento de PYMES con el propósito de que la discusión de aspectos del caso Colombiano sirva para aportar ...
Institutions, sectorial dynamics and foreign direct investment in Latin America: a new emerging reality
(CAF, 2013)
Despite uncertainties in the global economy, Latin American countries have attracted a significant amount of Foreign Direct Investment (FDI) in recent years. Investing in Latin America is now a central pillar of many ...
An exploratory study of entrepeneurial ventures in Argentina, their financing and first years' growth
(CAF, 2012)
This is a study of entrepreneurial ventures in Argentina, in particular regarding their finance and growth in their early years. We sample young manufacturing SMEs (i.e., with an average of six years and a maximum of ten ...
Government performance, taxation and citizen participation: evidence from Brazil
(CAF, 2011)
Fiscal contract theories of the state hypothesize that government performance affects tax collection and that institutions that foster representation and accountability link taxes and services. These propositions have yet ...
Flexibility matters: do more rigid loan contracts reduce demand for microfinance?
(CAF, 2010)
Despite the rapid expansion of microfinance services in the past several decades, the low use of formal credit exhibited by poor households, the high dropout rates experienced by many microfinance institutions, and the ...
The impact of financial repression on interest rate spreads in Venezuela
(CAF, 2009)
This paper empirically examines the effect of financial repression on interest rates spreads in Venezuela. In order to have a measure of financial repression, we built an index that captures the opportunity cost of regulatory ...
Access to Financing of SMEs in Argentina
(CAF, 2010)
In this paper, we examine SMEs in Argentina in search for a measurement of those who are credit constrained. We also estimate a model for the determinants of credit rejection taking into account those that are self-excluded. ...