In recent years, Japan has been experiencing unprecedented current account surpluses, a trend that is being predicted as likely to continue in the nex..

Devaluation in the presence of an external debt will generally lead to a fall in real output and a rise in prices. Central to this paper is the model ..

This paper determines whether or not there is a rule for financing public debt that the public can discern. Specifically, it determines the nature of ..

This report presents a practical methodology for the assessment of the economic impact of soil erosion, illustrates the methodology with results from ..

This paper reviews the monetary and credit policies that directly or indirectly bear on the rise and fall of informal credit markets. It also describe..

Utilizing flexible functional forms as well as incorporating methods for treating zero observations in household survey data, this paper attempts to c..

This paper makes a brief review of the good intentions that has resulted to the world’s worst financial recession. It offers several measures necess..

This paper reviews the trends in rural banking during the past ten years with an emphasis on deposit mobilization. Results indicate that while there h..

There has been a growing interest in the rural financial sector mainly due to the ongoing reforms in the financial system that is headed towards a mor..

What is the magnitude of borrower transaction costs? How does it affect borrower demand for and access to credit? What are the determinants of transac..

In its attempt to examine the transaction cost of banks, this study develops a method of estimating transaction cost for each bank activity. It also e..

The analysis of credit rationing in the context of the classical equilibrium model implies the existence of financial repression where interest rates ..

To understand the saving characteristics of households before appropriate polices can be formulated, this study examines the saving behavior of Filipi..

This paper addresses the interdependency of farm household decisions by quantifying a demand for credit that considers not only the household’s loan..

Institutional credit set up by the government may not necessarily be the major source of funds in the rural areas. In addition, there may be enough fu..