NRB Economic Review最新文献_第4页

Estimation of Aggregate Consumption Function for Nepal: ARDL Bound Testing Approach 尼泊尔总消费函数的估计:ARDL界检验方法

NRB Economic Review Pub Date : 2017-10-11 DOI: 10.3126/nrber.v29i2.52513

Arbind Chaudhary

引用次数: 4

Optimal Inflation Rate for Nepal 尼泊尔的最佳通货膨胀率

NRB Economic Review Pub Date : 2017-05-15 DOI: 10.3126/nrber.v29i1.52519

Neelam Timsina, Rajan Krishna Panta, Madhav Dangal, Mahesh Chaulagain

引用次数: 0

Forecasting NEPSE Index: An ARIMA and GARCH Approach 预测NEPSE指数:ARIMA和GARCH方法

NRB Economic Review Pub Date : 2017-05-15 DOI: 10.3126/nrber.v29i1.52530

Hom Nath Gaire

引用次数: 5

Relationship between Financial Literacy and Behavior of Small Borrowers 小额借款人金融素养与行为的关系

NRB Economic Review Pub Date : 2017-05-15 DOI: 10.3126/nrber.v29i1.52529

R. Chaulagain

{"title":"Relationship between Financial Literacy and Behavior of Small Borrowers","authors":"R. Chaulagain","doi":"10.3126/nrber.v29i1.52529","DOIUrl":"https://doi.org/10.3126/nrber.v29i1.52529","url":null,"abstract":"Financial literacy is an emerging and common concept both of education and finance. In general, the concept is important for every ones who has to manage the money; the concept plays vital role for low income people and small borrowers in particular. The small borrowers are those who borrow a limited amount of money from the licensed financial institutions. The borrowers are small on the basis of their credit limits determined by Nepal Rastra Bank. In this study, financial literacy, as one of the significant factors to determine the financial behavior of small borrowers, was measured to establish the relationship to each other. In this paper, the level of financial literacy of small borrowers was compared with their financial attitude and behavior, for which data were collected from survey of small borrowers of two cooperatives licensed by Nepal Rastra Bank. Chi-square test was applied to test the hypothesis that showed the relationship between these selected variables. The analysis showed that the relationship of financial literacy of small borrowers was significant with their financial attitude and behavior. Hence, we argue that that there is a need of a systematic enhancement of financial literacy of the small borrowers to change their attitude and thereby the financial behavior.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126605849","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 14

Elasticity and Buoyancy of Taxation in Nepal: A Revisit of the Empirical Evidence 尼泊尔税收弹性与浮力:对经验证据的重新审视

NRB Economic Review Pub Date : 2017-05-15 DOI: 10.3126/nrber.v29i1.52528

Pitambar Bhandari, Madhav Dangal, T. Koirala, Sajana Silpakar

引用次数: 0

Competition in Nepalese Commercial Banks 尼泊尔商业银行的竞争

NRB Economic Review Pub Date : 2016-11-10 DOI: 10.3126/nrber.v28i2.52537

B. Neupane

引用次数: 4

Financial Inclusion in Nepal: Policy Review and Prescriptions 尼泊尔的普惠金融:政策审查和处方

NRB Economic Review Pub Date : 2016-11-10 DOI: 10.3126/nrber.v28i2.52531

Bhubanesh Pant

{"title":"Financial Inclusion in Nepal: Policy Review and Prescriptions","authors":"Bhubanesh Pant","doi":"10.3126/nrber.v28i2.52531","DOIUrl":"https://doi.org/10.3126/nrber.v28i2.52531","url":null,"abstract":"With financial inclusion playing a vital role in reducing poverty and income disparity, it is emerging as a top priority for policymakers and regulators. A large number of countries have introduced comprehensive measures to improve access to and usage of tailored financial services. Greater financial inclusion is achieved when all economic activities and segments of the society have access to financial services with ease and at minimum cost. In the case of Nepal, though the need for financial inclusion by encompassing more and more of the excluded population by the formal financial system has been regularly emphasized in the country’s policy framework, a large section of population still remains outside the formal financial system. This paper, after assessing some relevant data on financial inclusion, reviews the policy measures implemented for enhancing it. The majority of the measures could not be executed to the degree desired due to problems of low financial literacy, paucity of infrastructural facilities as well as inadequate technology-based facilities, among others. Against this perspective, this study seeks to provide some prescriptions for enhancing financial inclusion in the country. These include, among others, promotion of financial literacy programs, launching of digital financial services, formulation of National Financial Inclusion Strategy, implementation of a Financial Inclusion Roadmap and according special role to microfinance institutions.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"117 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116185490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 11

Decentralization of Corruption and Local Public Service Delivery in Nepal 尼泊尔的腐败权力下放与地方公共服务提供

NRB Economic Review Pub Date : 2016-11-10 DOI: 10.3126/nrber.v28i2.52533

K. Panta

{"title":"Decentralization of Corruption and Local Public Service Delivery in Nepal","authors":"K. Panta","doi":"10.3126/nrber.v28i2.52533","DOIUrl":"https://doi.org/10.3126/nrber.v28i2.52533","url":null,"abstract":"Lack of transparency, accountability, and existence of elite capture, ambiguity etc. will lead to misallocation and misappropriation of available resources. These phenomena contribute directly or indirectly to corruption resulting to poor efficiency and effectiveness of service delivery. These cases exist at the local level as well during the practice of decentralized service provision, leading to degrade the quality of and people’s trust on local public services. As represented by petty corruption at local level it seems to be decentralization of corruption as well in the same direction of decentralization of authorities and funds from centre to local governments. This paper tries to examine the effect of these factors on the local public service delivery in developing countries like Nepal. The study finds the existence of elite capture and corruption leading to the dissatisfaction of local people due to inferior quality of local public goods and services. Using survey data, mixed method of analysis and descriptive tools, the study examines how these maladies are affecting the local service provision through the impact on the corruption equation by the increased monopoly power of local officials along with discretion in decision making and reduced accountability. It observes the various practice of corruption existing in the local bodies and people’s perception on the corruption and local public services in the sample villages. The paper concludes that- unless and until the proper policies and actions to tackle these maladies are adopted, no one can expect for the effective and efficient decentralized service provision in order to improve the quality of life of general people.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131159571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Stock Market Efficiency in Nepal: A Variance Ratio Test 尼泊尔股票市场效率:方差比检验

NRB Economic Review Pub Date : 2016-11-10 DOI: 10.3126/nrber.v28i2.52536

Jeetendra Dangol

引用次数: 0

Determinants of Bank Lending in Nepal 尼泊尔银行贷款的决定因素

NRB Economic Review Pub Date : 2016-11-10 DOI: 10.3126/nrber.v28i2.52532

Neelam Timsina

{"title":"Determinants of Bank Lending in Nepal","authors":"Neelam Timsina","doi":"10.3126/nrber.v28i2.52532","DOIUrl":"https://doi.org/10.3126/nrber.v28i2.52532","url":null,"abstract":"Commercial banks constitute a major chunk of total assets in the banking system in Nepal and extension of credit is one of the major functions of banking institutions. If banks are not efficient in their lending behavior, it may not contribute to economic growth. On the other hand, their inefficient and imprudent banking practices may lead to riskier financial instability. The main objective of the study is to test and confirm the effectiveness of the determinants of commercial bank lending behavior in Nepal by using time series Ordinary Least Square regression approach for empirical analysis. The model involves Nepalese commercial banks' private sector credit (pvct) as dependent variable and other variables such as their volume of deposits (dep), interest rate (Ir), stipulated cash reserve requirements ratio (crr), their liquidity ratio (lr), inflation (inf), exchange rate (exr), and gross domestic product (gdp) as independent variables for the period; 1975 – 2014. From the regression analysis, it was found that Gross Domestic Product and liquidity ratio of banks have the greatest impacts on their lending behavior. Granger Causality Test shows the evidence of unidirectional casual relationship from GDP to private sector credit. The study implies that GDP is the barometer of the economy and commercial banks should pay their attention to the overall macro economic situation of the country, factors affecting the GDP in general and their liquidity ratio in particular while taking lending decision.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124722765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 14