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Publications (3)
Working Paper
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– The case of Ghana
One essential condition of economic progress in any society is an ample supply of savings, which depends on the growth of real capital.Economists agree that higher investment rates will lead to higher growth. Thus, domestic savings is considered an important determinant of growth in developing...
What are the linkages between national savings and sustainable economic growth? Why are there differences in the amounts of savings between different countries? In March, we introduced our research on Ghana at the UNU-WIDER Domestic savings project workshop. A compilation of the different working...
Working Paper
pdf
– Evidence from Ghana’s Microfinance Sector
This paper examines the combined effect of interest rates and poverty levels of microfinance clients on loan size. Cross section data on 2,691 clients and non-clients households from Ghana is used to test the hypothesis of loan price inelasticity. Quantile regression and variants of least squares...
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