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...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/03/19228238/re-re-reply-impact-microcredit-poor-bangladesh-revisiting-evidence http://hdl.handle.net/10986/17297 |
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okr-10986-172972021-04-23T14:03:37Z Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" Pitt, Mark M. 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 "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. 2014-03-18T19:34:35Z 2014-03-18T19:34:35Z 2014-03 http://documents.worldbank.org/curated/en/2014/03/19228238/re-re-reply-impact-microcredit-poor-bangladesh-revisiting-evidence http://hdl.handle.net/10986/17297 English en_US Policy Research Working Paper;No. 6801 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia Bangladesh |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
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 |
| spellingShingle |
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 Pitt, Mark M. Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| geographic_facet |
South Asia Bangladesh |
| relation |
Policy Research Working Paper;No. 6801 |
| description |
"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. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Pitt, Mark M. |
| author_facet |
Pitt, Mark M. |
| author_sort |
Pitt, Mark M. |
| title |
Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| title_short |
Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| title_full |
Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| title_fullStr |
Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| title_full_unstemmed |
Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence" |
| title_sort |
re-re-reply to "the impact of microcredit on the poor in bangladesh : revisiting the evidence" |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/03/19228238/re-re-reply-impact-microcredit-poor-bangladesh-revisiting-evidence http://hdl.handle.net/10986/17297 |
| _version_ |
1764436934333038592 |