Determinants of deposits volatility: The case of the microfinance sector in gabon

Benjamin Keddad and Jean Robert Obiang Obiang

Research in International Business and Finance, 2024, vol. 67, issue PA

Abstract: Microfinance shows a tendency to seek profitability by increasingly neglecting its social objective. This paper seeks to enrich the debate on the explanation of such a duality by analyzing the determinants of deposit volatility taking Gabon as a field of investigation whose microfinance sector is particularly dominated by short-term deposits. Using the 2014–2020 period from a fully modified least squares model, we find that deposit volatility is influenced in the short term by inflation and in the long term by the business cycle and governance. These results have important implications in terms of poverty reduction in Gabon where microfinance can play a crucial role.

Keywords: Microfinance; Short-term deposits; Funding; Deposit volatility (search for similar items in EconPapers)
JEL-codes: C22 G21 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0275531923002349
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:67:y:2024:i:pa:s0275531923002349

DOI: 10.1016/j.ribaf.2023.102108

Access Statistics for this article

Research in International Business and Finance is currently edited by T. Lagoarde Segot

More articles in Research in International Business and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().