The Effect of Labor Market Flexibility on Microfinance Institutions Performance: International Evidence

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dc.contributor.authorPinto, Cristián
dc.date.accessioned2015-10-02T12:10:42Z
dc.date.available2015-10-02T12:10:42Z
dc.date.issued2015-08
dc.description.abstractI investigate whether the degree of labor market imperfections in a country affect microfinance institutions’ (MFIs) profitability and impact MFIs’ effectiveness in improving lowincome households’ inclusion in financial markets. I find that the financial performance of MFIs is high in heavily regulated labor markets. I also find evidence of a substitution between MFIs’ outreach performance and labor market regulations. Overall, the evidence is consistent with the view that microfinance is most successful when the demand for microcredits increases as rigid regulations decrease the number of outside job opportunitieses_CL
dc.format.extent34 páginases_CL
dc.identifier.urihttp://hdl.handle.net/11447/119
dc.language.isoen_USes_CL
dc.publisherSchool of Business and Economics, Universidad del Desarrolloes_CL
dc.relation.ispartofseriesWorking Paper;21
dc.subjectMicrofinancees_CL
dc.subjectMicrofinance institutionses_CL
dc.subjectLabor regulationes_CL
dc.titleThe Effect of Labor Market Flexibility on Microfinance Institutions Performance: International Evidencees_CL
dc.typeDocumento de trabajoes_CL

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