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Differences in the interest rates of microfinance institutions in some markets economies: an HLM approach

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Bibliographic Details
Main Author:	Adriana Ramírez Rocha
Format:	Artículo científico
Language:	en
Published:	El Colegio de México, A.C. 2019
Subjects:	Economía y Finanzas IMFs interest rates government effectiveness Microfinance institutions emerging markets economies hierarchical linear modeling
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author	Adriana Ramírez Rocha
author_facet	Adriana Ramírez Rocha
contents	Differences in the interest rates of microfinance institutions in some markets economies: an HLM approach Adriana Ramírez Rocha L. Arturo Bernal Ponce Mauricio Cervantes Zepeda Economía y Finanzas IMFs interest rates government effectiveness Microfinance institutions emerging markets economies hierarchical linear modeling In this study, we analyzed the differences in the interest rates of micro-finance institutions (MFIs) of some countries in Latin America, Africa, Eastern Europe and Asia. We found that the operating expenses are essential drivers of these interest rates. We also found that operating expenses, average loan per borrower, real growth GDP, and govern ment effectiveness, are key factors that explain differences in interest rates. We use apply Hierarchical Linear Modeling (HLM) to analyze these differences. 2019 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59762642004 https://www.redalyc.org/journal/597/59762642004/ https://www.redalyc.org/journal/597/59762642004/html/ https://www.redalyc.org/journal/597/59762642004/59762642004.epub https://www.redalyc.org/journal/597/59762642004/movil en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.34
format	Artículo científico
id	redalyc_59762642004
institution	Redalyc
language	en
publishDate	2019
publisher	El Colegio de México, A.C.
spellingShingle	Differences in the interest rates of microfinance institutions in some markets economies: an HLM approach Adriana Ramírez Rocha Economía y Finanzas IMFs interest rates government effectiveness Microfinance institutions emerging markets economies hierarchical linear modeling Differences in the interest rates of microfinance institutions in some markets economies: an HLM approach Adriana Ramírez Rocha L. Arturo Bernal Ponce Mauricio Cervantes Zepeda Economía y Finanzas IMFs interest rates government effectiveness Microfinance institutions emerging markets economies hierarchical linear modeling In this study, we analyzed the differences in the interest rates of micro-finance institutions (MFIs) of some countries in Latin America, Africa, Eastern Europe and Asia. We found that the operating expenses are essential drivers of these interest rates. We also found that operating expenses, average loan per borrower, real growth GDP, and govern ment effectiveness, are key factors that explain differences in interest rates. We use apply Hierarchical Linear Modeling (HLM) to analyze these differences. 2019 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59762642004 https://www.redalyc.org/journal/597/59762642004/ https://www.redalyc.org/journal/597/59762642004/html/ https://www.redalyc.org/journal/597/59762642004/59762642004.epub https://www.redalyc.org/journal/597/59762642004/movil en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.34
title	Differences in the interest rates of microfinance institutions in some markets economies: an HLM approach
topic	Economía y Finanzas IMFs interest rates government effectiveness Microfinance institutions emerging markets economies hierarchical linear modeling
url	https://www.redalyc.org/articulo.oa?id=59762642004 https://www.redalyc.org/journal/597/59762642004/ https://www.redalyc.org/journal/597/59762642004/html/ https://www.redalyc.org/journal/597/59762642004/59762642004.epub https://www.redalyc.org/journal/597/59762642004/movil