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.
id |
dig-okr-1098620379 |
---|---|
record_format |
koha |
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 |
_version_ |
1807159601483743232 |