Institutions and Bank Performance: A Stochastic Frontier Analysis
In: Oxford Bulletin of Economics and Statistics, Band 76, Heft 1, S. 67-92
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In: Oxford Bulletin of Economics and Statistics, Band 76, Heft 1, S. 67-92
SSRN
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 39, Heft 6, S. 938-948
In: Journal of international development: the journal of the Development Studies Association, Band 29, Heft 7, S. 1011-1015
ISSN: 1099-1328
AbstractThis research note examines the relevance of microfinance as a means to cope with natural disasters, using the event of the cyclone Phailin, which struck India in 2013. The results indicate that microfinance helps reduce the negative effects of extreme weather‐related shocks. In light of the somewhat disappointing outcomes suggested by several recent rigorous impact studies, this research paints a more positive picture of the importance of microfinance as an insurance mechanism to deal with weather‐related risks. Copyright © 2017 John Wiley & Sons, Ltd.