A Note on Capital IQ's Credit Line Data

2014 ◽  
Author(s):  
Ani Manakyan Mathers ◽  
Emanuela Giacomini
Keyword(s):  
Author(s):  
Jose M. Berrospide ◽  
Ralf R. Meisenzahl
Keyword(s):  
The Real ◽  

Author(s):  
Habiba Ibrahim

Purpose Guided by the institutional theory of savings, the purpose of this study is to assess the institutional elements of rotating, savings and credit associations (ROSCAs) that enable participants to save. Design/methodology/approach The study used data from in-depth qualitative interviews (N = 10) conducted among the ROSCA group leaders from African immigrant communities in the USA. Findings The primary goal for joining the ROSCA group among participants is to achieve economic stability. The results of the study postulate that, through institutional mechanisms and social networks, ROSCAs create an environment for families to save and invest. The emphasis on the concept of “you cannot save alone” underscores the importance of supportive structures to enable low-income households to save. Although “alternative savings programs” such as ROSCAs are imagined as something that less well-to-do persons use, the findings from this study demonstrate that such strategies also appeal to some people with higher socioeconomic status. This appeal and utility speaks to the importance of ROSCAs as an institutional response, rather than just an informal arrangement among persons known to each other. Research limitations/implications It is prudent to bear in mind that the study sample is not nationally representative, and therefore, the results presented cannot be generalized to immigrants across the country. However, as one of the few ROSCA studies in the USA, the findings from this study make generous contributions to the immigrants’ savings and ROSCA practices literature. Practical implications ROSCAs could be used as a bridge to the formal financial institutions. Non-profit agencies working with these communities could work with these groups to report ROSCA payments to the major credit bureaus, to help them build a credit line in their new country. Originality/value Previous studies of ROSCAs have assessed ROSCAs as community support systems and social networks. The current study has analyzed ROSCAs from an institutional perspective by examining the institutional characteristics of ROSCAs comparable to the institutional determinants of savings that enable savings among the participants.


2014 ◽  
Vol 955-959 ◽  
pp. 1817-1824 ◽  
Author(s):  
Jiu Ru Dai ◽  
Meng Yi Li ◽  
Wu Wei Li ◽  
Tian Xia ◽  
Zhi Gang Zhang

With the prevalence of credit system, the stipulation of “academic warning” is written into the teaching management constitution by more colleges and universities. However, the establishment of this stipulation hasn’t formed unified and scientific standards at present. This paper aims at studying the credit setting of academic warning through the method of Monte Carlo simulation, and at applying multivariate normal distribution and variance reduction techniques to calculate relatively reasonable academic warning credit line, which provides a new train of thought and a universal method for colleges and universities to set specific standards.


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