1期

最新文章

• The Impacts of Microcredit: Evidence from Bosnia and Herzegovina AI翻译
  作者：Augsburg, Britta; De Haas, Ralph; Harmgart, Heike; Meghir, Costas
  作者单位：University of London; London School Economics & Political Science; European Bank of Reconstructon & Development; Tilburg University; Yale University
  摘要：We use an RCT to analyze the impacts of microcredit. The study population consists of loan applicants who were marginally rejected by an MFI in Bosnia. A random subset of these were offered a loan. We provide evidence of higher self-employment, increases in inventory, a reduction in the incidence of wage work and an increase in the labor supply of 16-19-year-olds in the household's business. We also present some evidence of increases in profits and a reduction in consumption and savings. There...
• Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco AI翻译
  作者：Angelucci, Manuela; Karlan, Dean; Zinman, Jonathan
  作者单位：University of Michigan System; University of Michigan; Yale University; Dartmouth College
  摘要：We use a clustered randomized trial, and over 16,000 household surveys, to estimate impacts at the community level from a group lending expansion at 110 percent APR by the largest microlender in Mexico. We find no evidence of transformative impacts on 37 outcomes (although some estimates have large confidence intervals), measured at a mean of 27 months post-expansion, across 6 domains: microen-trepreneurship, income, labor supply, expenditures, social status, and subjective well-being. We also...
• The Miracle of Microfinance? Evidence from a Randomized Evaluation AI翻译
  作者：Banerjee, Abhijit; Duflo, Esther; Glennerster, Rachel; Kinnan, Cynthia
  作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Northwestern University
  摘要：This paper reports results from the randomized evaluation of a group-lending microcredit program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods, leading to an 8.4 percentage point increase in takeup of microcredit. Small business investment and profits of preexisting businesses increased, but consumption did not significantly increase. Durable goods expenditure increased, while temptation goods expenditure declined. We found no significant changes in health, educati...
• Estimating the Impact of Microcredit on Those Who Take It Up: Evidence from a Randomized Experiment in Morocco AI翻译
  作者：Crepon, Bruno; Devoto, Florencia; Duflo, Esther; Pariente, William
  作者单位：Institut Polytechnique de Paris; ENSAE Paris; Paris School of Economics; Massachusetts Institute of Technology (MIT); Universite Catholique Louvain
  摘要：We report results from a randomized evaluation of a microcredit program introduced in rural areas of Morocco in 2006. Thirteen percent of the households in treatment villages took a loan, and none in control villages did. Among households identified as more likely to borrow, microcredit access led to a significant rise in investment in assets used for self-employment activities, and an increase in profit, but also to a reduction in income from casual labor. Overall there was no gain in income ...
• The Impacts of Microcredit: Evidence from Ethiopia AI翻译
  作者：Tarozzi, Alessandro; Desai, Jaikishan; Johnson, Kristin
  作者单位：Pompeu Fabra University; Barcelona School of Economics; Victoria University Wellington; Harvard University
  摘要：We use data from a randomized controlled trial conducted in 2003-2006 in rural Amhara and Oromiya (Ethiopia) to study the impacts of increasing access to microfinance on a number of socioeconomic outcomes, including income from agriculture, animal husbandry, nonfarm self-employment, labor supply, schooling and indicators of women's empowerment. We document that despite substantial increases in borrowing in areas assigned to treatment the null of no impact cannot be rejected for a large majorit...
• Six Randomized Evaluations of Microcredit: Introduction and Further Steps AI翻译
  作者：Banerjee, Abhijit; Karlan, Dean; Zinman, Jonathan
  作者单位：Massachusetts Institute of Technology (MIT); Yale University; National Bureau of Economic Research; Dartmouth College
  摘要：Causal evidence on microcredit impacts informs theory, practice, and debates about its effectiveness as a development tool. The six randomized evaluations in this volume use a variety of sampling, data collection, experimental design, and econometric strategies to identify causal effects of expanded access to microcredit on borrowers and/or communities. These methods are deployed across an impressive range of locations-six countries on four continents, urban and rural areas-borrower characteri...
• The Impacts of Microfinance: Evidence from Joint-Liability Lending in Mongolia AI翻译
  作者：Attanasio, Orazio; Augsburg, Britta; De Haas, Ralph; Fitzsimons, Emla; Harmgart, Heike
  作者单位：University of London; University College London; European Bank of Reconstructon & Development; Tilburg University; European Bank of Reconstructon & Development
  摘要：We present evidence from a randomized field experiment in rural Mongolia to assess the poverty impacts of a joint-liability microcredit program targeted at women. We find a positive impact of access to group loans on female entrepreneurship and household food consumption but not on total working hours or income in the household. A simultaneously introduced individual-liability microcredit program delivers no significant poverty impacts. Additional results on informal transfers to families and ...