TY  - UNPD
A1  - Tschach, Ingo
T1  - The long term impact of microfinance on income, wages and the sectoral distribution of economic activity
T2  - Universität Frankfurt am Main. Fachbereich Wirtschaftswissenschaften: [Working paper series / Finance and accounting] Working paper series, Finance & Accounting ; No. 105
N2  - This paper analyses the long-term effects of improved small-scale lending, often provided by microfinance institutions set up with the support of development aid. The analysis shows that some common assumptions about microfinance are not true at all: First, it shows that the impact on income will accrue not to the microenterprises themselves, but rather to the consumers of their products. Second, microfinance will have a significant positive effect on the wage levels of employees in the informal sector. Third, microfinance will cause high growth rates in the informal production sector, whereas the trade sector will either contract or at best grow very little.
T3  - Working paper series / Johann-Wolfgang-Goethe-Universität Frankfurt am Main, Fachbereich Wirtschaftswissenschaften : Finance & Accounting - 105 
KW  - Entwicklungsländer
KW  - Entwicklungsfinanzierung
KW  - Einkommen
KW  - Gehaltsstruktur
KW  - Lohnstruktur
KW  - Schattenwirtschaft
KW  - Wirtschaftlicher Dualismus
KW  - Sektoraler Strukturwandel
Y1  - 2003
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/3703
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-17932
IS  - April 2003
PB  - Univ., Fachbereich Wirtschaftswiss.
CY  - Frankfurt am Main
ER  -