Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence"

Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence"

"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2014) (henceforth RM) is the most recent of a sequence of papers and web postings that seeks to refute the findings of the Pitt and Khandker (1998; henceforth PK) article "The Impact of Group-Based Credit on Poor Households in Bangladesh: Does the Gender of Participants Matter?" that microcredit for women had significant, favorable effects on household consumption and other outcomes. In this version of RM, the authors have backed off many of their prior claims and methods after earlier replies noted their faults (see Pitt (1999), Pitt (2011a), Pitt (2011b), and Pitt and Khandker (2012)). Nonetheless, important claims against PK remain in this new version of RM and are addressed below. Readers should refer to Pitt and Khandker (2012) for a discussion of other issues with RM, including a discussion of the bimodal likelihood.

Saved in:
Bibliographic Details
Main Author: Pitt, Mark M.
Language:English
en_US
Published: World Bank, Washington, DC 2014-03
Subjects:AGRICULTURE, BOOTSTRAP, BORROWING, CONSISTENT ESTIMATES, CONSISTENT ESTIMATOR, CONSTANT TERM, COVARIANCE, DEPENDENT VARIABLE, DEVELOPMENT POLICY, DEVELOPMENT RESEARCH, DUMMY VARIABLE, DUMMY VARIABLES, ECONOMETRIC MODEL, ECONOMETRIC MODELING, ECONOMETRICS, ECONOMICS, ENDOGENOUS VARIABLES, EQUATIONS, ERROR, ERROR TERM, ERROR TERMS, ERROR VARIANCE, EXOGENOUS VARIABLES, F-TEST, FIXED EFFECTS, FREE PARAMETERS, INDEPENDENT VARIABLE, INDEPENDENT VARIABLES, INSTRUMENTAL VARIABLES, INSTRUMENTAL VARIABLES ESTIMATION, JOURNAL OF ECONOMETRICS, KURTOSIS, LIKELIHOOD FUNCTION, LINEAR REGRESSION, LOGARITHMS, MATHEMATICS, MATRICES, MATRIX, MAXIMUM LIKELIHOOD, MAXIMUM LIKELIHOOD ESTIMATION, MAXIMUM LIKELIHOOD ESTIMATOR, MAXIMUM LIKELIHOOD ESTIMATORS, MEAN VALUE, 0 HYPOTHESIS, NUMBER OF OBSERVATIONS, OUTLIERS, POLITICAL ECONOMY, POLYNOMIALS, POSITIVE EFFECTS, PRECISION, PREDICTION, PROBABILITY, RESEARCH WORKING PAPERS, SAMPLE SIZE, SCENARIO, SENSITIVITY ANALYSIS, SIMULATION, SIMULATIONS, SIMULTANEOUS EQUATIONS, SKEWNESS, SLOPE COEFFICIENTS, SMALL SAMPLE, STANDARD DEVIATION, STANDARD DEVIATIONS, STATA, STATA CODE, STATISTICAL MODELS, STATISTICAL SIGNIFICANCE, T-RATIO, T-RATIOS, TEST STATISTIC, TEST STATISTICS, WEALTH, WEIGHTING,
Online Access:http://documents.worldbank.org/curated/en/2014/03/19228238/re-re-reply-impact-microcredit-poor-bangladesh-revisiting-evidence
https://hdl.handle.net/10986/17297
Tags: Add Tag
No Tags, Be the first to tag this record!

Similar Items

Similar Items