Re-Evaluating Microfinance : Evidence from Propensity Score Matching

This paper evaluates effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows one to answer an additional set of questions not answered by the orig...

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Main Authors:	Cintina, Inna, Love, Inessa
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING RANDOMIZED CONTROL TRIAL ENTREPRENEURSHIP
Online Access:	http://documents.worldbank.org/curated/en/707891492451043846/Re-evaluating-microfinance-evidence-from-propensity-score-matching http://hdl.handle.net/10986/26466

id	okr-10986-26466
recordtype	oai_dc
spelling	okr-10986-264662021-06-08T14:42:45Z Re-Evaluating Microfinance : Evidence from Propensity Score Matching Cintina, Inna Love, Inessa MICROFINANCE POVERTY PROPENSITY SCORE MATCHING RANDOMIZED CONTROL TRIAL ENTREPRENEURSHIP This paper evaluates effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows one to answer an additional set of questions not answered by the original study and provide more nuanced evidence by comparing Microfinance Institution (MFI) borrowers to those without any loans and those with prior loans from other sources. It is argued that this unique setting with two comparison groups allows us to shed light on the unobservable entrepreneurial spirit bias and provides upper and lower bounds on the true microfinance impact. The results suggest that microfinance can make a modest difference for some households in several expenditure categories. 2017-04-26T21:22:41Z 2017-04-26T21:22:41Z 2017-04 Working Paper http://documents.worldbank.org/curated/en/707891492451043846/Re-evaluating-microfinance-evidence-from-propensity-score-matching http://hdl.handle.net/10986/26466 English en_US Policy Research Working Paper;No. 8028 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING RANDOMIZED CONTROL TRIAL ENTREPRENEURSHIP
spellingShingle	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING RANDOMIZED CONTROL TRIAL ENTREPRENEURSHIP Cintina, Inna Love, Inessa Re-Evaluating Microfinance : Evidence from Propensity Score Matching
relation	Policy Research Working Paper;No. 8028
description	This paper evaluates effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows one to answer an additional set of questions not answered by the original study and provide more nuanced evidence by comparing Microfinance Institution (MFI) borrowers to those without any loans and those with prior loans from other sources. It is argued that this unique setting with two comparison groups allows us to shed light on the unobservable entrepreneurial spirit bias and provides upper and lower bounds on the true microfinance impact. The results suggest that microfinance can make a modest difference for some households in several expenditure categories.
format	Working Paper
author	Cintina, Inna Love, Inessa
author_facet	Cintina, Inna Love, Inessa
author_sort	Cintina, Inna
title	Re-Evaluating Microfinance : Evidence from Propensity Score Matching
title_short	Re-Evaluating Microfinance : Evidence from Propensity Score Matching
title_full	Re-Evaluating Microfinance : Evidence from Propensity Score Matching
title_fullStr	Re-Evaluating Microfinance : Evidence from Propensity Score Matching
title_full_unstemmed	Re-Evaluating Microfinance : Evidence from Propensity Score Matching
title_sort	re-evaluating microfinance : evidence from propensity score matching
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/707891492451043846/Re-evaluating-microfinance-evidence-from-propensity-score-matching http://hdl.handle.net/10986/26466
_version_	1764462053913788416

Re-Evaluating Microfinance : Evidence from Propensity Score Matching

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