Search results matching tag 'wealth creation'http://enterpriseinitiative.org/search/SearchResults.aspx?o=DateDescending&tag=wealth+creation&orTags=0Search results matching tag 'wealth creation'en-USCommunityServer 2007.1 (Debug Build: 20917.1142)Financial Structure and Economic Welfare: Applied General Equilibrium Development Economicshttp://enterpriseinitiative.org/blogs/publications/archive/2010/04/01/financial-structure-and-economic-welfare-applied-general-equilibrium-development-economics.aspxThu, 01 Apr 2010 05:00:00 GMTf87bcdfb-abed-4271-9de5-438eeffceea3:94rtownsendThis review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Townsend covers topics such as the treatment of financial structure general equilibrium models, designing surveys to capture measures of income, investment/savings, and flow of funds, and aggregating individuals and households to the level of network, village, or national economy. A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiativehttp://enterpriseinitiative.org/blogs/publications/archive/2010/04/01/a-structural-evaluation-of-a-large-scale-quasi-experimental-microfinance-initiative.aspxThu, 01 Apr 2010 05:00:00 GMTf87bcdfb-abed-4271-9de5-438eeffceea3:96rtownsendKaboski and Townsend use a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the Thai Million Baht Village Fund. They model household decisions in the face of borrowing constraints, income uncertainty, and high-yield indivisible investment opportunities. After estimating parameters, the authors evaluate the model's ability to predict and interpret the impact of village fund intervention. Wealth Accumulation and Factors Accounting for Successhttp://enterpriseinitiative.org/blogs/publications/archive/2010/01/01/wealth-accumulation-and-factors-accounting-for-success.aspxFri, 01 Jan 2010 06:00:00 GMTf87bcdfb-abed-4271-9de5-438eeffceea3:93rtownsendTownsend and Pawasutipaisit use detailed income, balance sheet, and cash flow statements constructed for households in a long monthly panel in an emerging market economy, as well as contributions in economic theory, to document and better understand the factors underlying success in achieving upward mobility in the distribution of net worth.