Re-evaluating Microfinance : Evidence from Propensity Score Matching

We evaluate effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows us to answer an additional set of questions not answered by the original study and provide more nuanced evidence by comparing Micr...

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Main Authors:	Cintina, Inna, Love, Inessa
Format:	Journal Article
Published:	Published by Oxford University Press on behalf of the World Bank 2020
Subjects:	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING
Online Access:	http://hdl.handle.net/10986/34290

id	okr-10986-34290
recordtype	oai_dc
spelling	okr-10986-342902021-05-25T10:54:38Z Re-evaluating Microfinance : Evidence from Propensity Score Matching Cintina, Inna Love, Inessa MICROFINANCE POVERTY PROPENSITY SCORE MATCHING We evaluate effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows us 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. We argue 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. Our results suggest that microfinance can make a modest difference for some households in several expenditure categories. 2020-08-06T17:23:19Z 2020-08-06T17:23:19Z 2019-02 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/34290 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING
spellingShingle	MICROFINANCE POVERTY PROPENSITY SCORE MATCHING Cintina, Inna Love, Inessa Re-evaluating Microfinance : Evidence from Propensity Score Matching
description	We evaluate effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data collected in a recent randomized control trial. This method allows us 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. We argue 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. Our results suggest that microfinance can make a modest difference for some households in several expenditure categories.
format	Journal Article
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	Published by Oxford University Press on behalf of the World Bank
publishDate	2020
url	http://hdl.handle.net/10986/34290
_version_	1764480587115003904

Re-evaluating Microfinance : Evidence from Propensity Score Matching

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