Six Randomized Evaluations of Microcredit: Introduction and Further Steps

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...

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Bibliographic Details
Main Authors: Banerjee, Abhijit (Contributor), Karlan, Dean S. (Author), Zinman, Jonathan (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2015-03-11T14:49:00Z.
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Online Access:Get fulltext
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100 1 0 |a Banerjee, Abhijit  |e author 
100 1 0 |a Massachusetts Institute of Technology. Department of Economics  |e contributor 
100 1 0 |a Banerjee, Abhijit  |e contributor 
700 1 0 |a Karlan, Dean S.  |e author 
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245 0 0 |a Six Randomized Evaluations of Microcredit: Introduction and Further Steps 
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520 |a 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 characteristics, loan characteristics, and lender characteristics. Summarizing and interpreting results across studies, we note a consistent pattern of modestly positive, but not transformative, effects. We also discuss directions for future research. (JEL D14, G21, I38, O15, O16, P34, P36) 
546 |a en_US 
655 7 |a Article 
773 |t American Economic Journal: Applied Economics