文章基本信息

标题：Differentiated determinants of risk in portfolio at risk of the microfinance institutions in Mexico (2007-2012)
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作者：Roberto Alejandro Ramírez Silva ; Salvador Cruz Aké ; Francisco Venegas Martínez 等
期刊名称：Contaduría y Administración
印刷版ISSN：0186-1042
出版年度：2015
卷号：60
期号：1
页码：175-194
语种：English
出版社：Universidad Nacional Autónoma de México
摘要：This paper is aimed at examining the credit risk assumed by the Micro Finance Insti - tutions (MFIs) through their sizes, margins and costs for a sample of 13 Mexican MFIs during the 2007-2012 period. We also study the differentiated effects of those risk fac - tors on the MFIs credit risk through time and between MFIs by using quantile regression methodologies. We find that the use of the normality assumption on the traditional panel analysis biases the results when the studied variables are not normal by diluting the 0.75 percentile sample characteristics (the most heterogeneous part of the sample). Finally, by using quantile panel data with fixed effects, we find that for credit risk management the MFIs only consider the income they can attain. All Rights Reserved © 2015 Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración. This is an open access item distributed under the Creative Commons CC License BY-NC-ND 4.0.
关键词：Microfinance institutions; Panel data; Quantile regression; Credit risk Instituciones microfinancieras; Datos en panel; Regresión cuantílica; Riesgo cr...