Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth

This paper investigates whether the utilization of microcredit programs has a significant impact on the income and net worth of the participants. Several micro finance institutes are optimistic on the beneficial effects of microcredit programs. Others describe microcredit with interest rates in excess of 20 percent as a poverty trap. This paper uses more than 20 years of panel data on households in Bangladesh to estimate bounds on the causal effects of microcredit programs. The analysis rejects the hypothesis that these microcredit programs are a poverty trap. Moreover, the paper finds moderately positive effects of such programs.

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Bibliographic Details
Main Authors: Woutersen, Tiemen, Khandker, Shahidur R.
Language:English
en_US
Published: World Bank Group, Washington, DC 2014-09
Subjects:ACCESS TO FINANCE, BIDS, CONTROL GROUPS, CREDIT ACCESS, CREDIT PROGRAMS, CREDIT SCORING, DUMMY VARIABLE, ECONOMIC DEVELOPMENT, EXCLUSION, FAMILIES, FINANCIAL STUDIES, GENDER, GROUP LENDING, HOUSEHOLD HEAD, HOUSEHOLD INCOME, HOUSEHOLD WELFARE, HOUSEHOLDS, IMPACT EVALUATION, INSTRUMENT, INTEREST RATES, INTERNATIONAL BANK, LONGITUDINAL DATA, MICRO FINANCE, MICROCREDIT, MICROCREDIT LOANS, MICROCREDIT PROGRAM, MICROCREDIT PROGRAMS, MICROENTERPRISES, MICROFINANCE, MICROFINANCE PROGRAM, NET WORTH, POLITICAL ECONOMY, POOR, POOR HOUSEHOLDS, POVERTY REDUCTION, RETURNS, RURAL, RURAL AREAS, RURAL DEVELOPMENT, SAMPLE SIZE, SELECTION BIAS, UNEMPLOYMENT, VILLAGE, VILLAGES,
Online Access:http://documents.worldbank.org/curated/en/2014/09/20228572/estimating-long-run-impact-microcredit-programs-household-income-net-worth
https://hdl.handle.net/10986/20379
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spelling dig-okr-10986203792024-08-08T13:45:17Z Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth Woutersen, Tiemen Khandker, Shahidur R. ACCESS TO FINANCE BIDS CONTROL GROUPS CREDIT ACCESS CREDIT PROGRAMS CREDIT SCORING DUMMY VARIABLE ECONOMIC DEVELOPMENT EXCLUSION FAMILIES FINANCIAL STUDIES GENDER GROUP LENDING HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD WELFARE HOUSEHOLDS IMPACT EVALUATION INSTRUMENT INTEREST RATES INTERNATIONAL BANK LONGITUDINAL DATA MICRO FINANCE MICROCREDIT MICROCREDIT LOANS MICROCREDIT PROGRAM MICROCREDIT PROGRAMS MICROENTERPRISES MICROFINANCE MICROFINANCE PROGRAM NET WORTH POLITICAL ECONOMY POOR POOR HOUSEHOLDS POVERTY REDUCTION RETURNS RURAL RURAL AREAS RURAL DEVELOPMENT SAMPLE SIZE SELECTION BIAS UNEMPLOYMENT VILLAGE VILLAGES This paper investigates whether the utilization of microcredit programs has a significant impact on the income and net worth of the participants. Several micro finance institutes are optimistic on the beneficial effects of microcredit programs. Others describe microcredit with interest rates in excess of 20 percent as a poverty trap. This paper uses more than 20 years of panel data on households in Bangladesh to estimate bounds on the causal effects of microcredit programs. The analysis rejects the hypothesis that these microcredit programs are a poverty trap. Moreover, the paper finds moderately positive effects of such programs. 2014-10-06T20:50:27Z 2014-10-06T20:50:27Z 2014-09 http://documents.worldbank.org/curated/en/2014/09/20228572/estimating-long-run-impact-microcredit-programs-household-income-net-worth https://hdl.handle.net/10986/20379 English en_US Policy Research Working Paper;No. 7040 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ application/pdf text/plain World Bank Group, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ACCESS TO FINANCE
BIDS
CONTROL GROUPS
CREDIT ACCESS
CREDIT PROGRAMS
CREDIT SCORING
DUMMY VARIABLE
ECONOMIC DEVELOPMENT
EXCLUSION
FAMILIES
FINANCIAL STUDIES
GENDER
GROUP LENDING
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WELFARE
HOUSEHOLDS
IMPACT EVALUATION
INSTRUMENT
INTEREST RATES
INTERNATIONAL BANK
LONGITUDINAL DATA
MICRO FINANCE
MICROCREDIT
MICROCREDIT LOANS
MICROCREDIT PROGRAM
MICROCREDIT PROGRAMS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE PROGRAM
NET WORTH
POLITICAL ECONOMY
POOR
POOR HOUSEHOLDS
POVERTY REDUCTION
RETURNS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
SAMPLE SIZE
SELECTION BIAS
UNEMPLOYMENT
VILLAGE
VILLAGES
ACCESS TO FINANCE
BIDS
CONTROL GROUPS
CREDIT ACCESS
CREDIT PROGRAMS
CREDIT SCORING
DUMMY VARIABLE
ECONOMIC DEVELOPMENT
EXCLUSION
FAMILIES
FINANCIAL STUDIES
GENDER
GROUP LENDING
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WELFARE
HOUSEHOLDS
IMPACT EVALUATION
INSTRUMENT
INTEREST RATES
INTERNATIONAL BANK
LONGITUDINAL DATA
MICRO FINANCE
MICROCREDIT
MICROCREDIT LOANS
MICROCREDIT PROGRAM
MICROCREDIT PROGRAMS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE PROGRAM
NET WORTH
POLITICAL ECONOMY
POOR
POOR HOUSEHOLDS
POVERTY REDUCTION
RETURNS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
SAMPLE SIZE
SELECTION BIAS
UNEMPLOYMENT
VILLAGE
VILLAGES
spellingShingle ACCESS TO FINANCE
BIDS
CONTROL GROUPS
CREDIT ACCESS
CREDIT PROGRAMS
CREDIT SCORING
DUMMY VARIABLE
ECONOMIC DEVELOPMENT
EXCLUSION
FAMILIES
FINANCIAL STUDIES
GENDER
GROUP LENDING
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WELFARE
HOUSEHOLDS
IMPACT EVALUATION
INSTRUMENT
INTEREST RATES
INTERNATIONAL BANK
LONGITUDINAL DATA
MICRO FINANCE
MICROCREDIT
MICROCREDIT LOANS
MICROCREDIT PROGRAM
MICROCREDIT PROGRAMS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE PROGRAM
NET WORTH
POLITICAL ECONOMY
POOR
POOR HOUSEHOLDS
POVERTY REDUCTION
RETURNS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
SAMPLE SIZE
SELECTION BIAS
UNEMPLOYMENT
VILLAGE
VILLAGES
ACCESS TO FINANCE
BIDS
CONTROL GROUPS
CREDIT ACCESS
CREDIT PROGRAMS
CREDIT SCORING
DUMMY VARIABLE
ECONOMIC DEVELOPMENT
EXCLUSION
FAMILIES
FINANCIAL STUDIES
GENDER
GROUP LENDING
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WELFARE
HOUSEHOLDS
IMPACT EVALUATION
INSTRUMENT
INTEREST RATES
INTERNATIONAL BANK
LONGITUDINAL DATA
MICRO FINANCE
MICROCREDIT
MICROCREDIT LOANS
MICROCREDIT PROGRAM
MICROCREDIT PROGRAMS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE PROGRAM
NET WORTH
POLITICAL ECONOMY
POOR
POOR HOUSEHOLDS
POVERTY REDUCTION
RETURNS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
SAMPLE SIZE
SELECTION BIAS
UNEMPLOYMENT
VILLAGE
VILLAGES
Woutersen, Tiemen
Khandker, Shahidur R.
Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
description This paper investigates whether the utilization of microcredit programs has a significant impact on the income and net worth of the participants. Several micro finance institutes are optimistic on the beneficial effects of microcredit programs. Others describe microcredit with interest rates in excess of 20 percent as a poverty trap. This paper uses more than 20 years of panel data on households in Bangladesh to estimate bounds on the causal effects of microcredit programs. The analysis rejects the hypothesis that these microcredit programs are a poverty trap. Moreover, the paper finds moderately positive effects of such programs.
topic_facet ACCESS TO FINANCE
BIDS
CONTROL GROUPS
CREDIT ACCESS
CREDIT PROGRAMS
CREDIT SCORING
DUMMY VARIABLE
ECONOMIC DEVELOPMENT
EXCLUSION
FAMILIES
FINANCIAL STUDIES
GENDER
GROUP LENDING
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD WELFARE
HOUSEHOLDS
IMPACT EVALUATION
INSTRUMENT
INTEREST RATES
INTERNATIONAL BANK
LONGITUDINAL DATA
MICRO FINANCE
MICROCREDIT
MICROCREDIT LOANS
MICROCREDIT PROGRAM
MICROCREDIT PROGRAMS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE PROGRAM
NET WORTH
POLITICAL ECONOMY
POOR
POOR HOUSEHOLDS
POVERTY REDUCTION
RETURNS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
SAMPLE SIZE
SELECTION BIAS
UNEMPLOYMENT
VILLAGE
VILLAGES
author Woutersen, Tiemen
Khandker, Shahidur R.
author_facet Woutersen, Tiemen
Khandker, Shahidur R.
author_sort Woutersen, Tiemen
title Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
title_short Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
title_full Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
title_fullStr Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
title_full_unstemmed Estimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth
title_sort estimating the long-run impact of microcredit programs on household income and net worth
publisher World Bank Group, Washington, DC
publishDate 2014-09
url http://documents.worldbank.org/curated/en/2014/09/20228572/estimating-long-run-impact-microcredit-programs-household-income-net-worth
https://hdl.handle.net/10986/20379
work_keys_str_mv AT woutersentiemen estimatingthelongrunimpactofmicrocreditprogramsonhouseholdincomeandnetworth
AT khandkershahidurr estimatingthelongrunimpactofmicrocreditprogramsonhouseholdincomeandnetworth
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