000			02076cam a22003854a 4500
001			7040
003			The World Bank
006			m d
007			cr cn|||||||||
008			020129s2014 dcu i001 0 eng
024	8		_a10.1596/1813-9450-7040
035			_a(The World Bank)7040
100	1		_aWoutersen, Tiemen
245	1	0	_aEstimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth _h[electronic resource] / _cWoutersen, Tiemen
260			_aWashington, D.C., _bThe World Bank, _c2014
300			_a1 online resource (17 p.)
520	3		_aThis 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.
650		4	_aAccess to Finance
650		4	_aBounds Analysis
650		4	_aDebt Markets
650		4	_aFinance and Financial Sector Development
650		4	_aHousehold Income
650		4	_aMicrocredit Programs
650		4	_aPoverty Monitoring & Analysis
650		4	_aPoverty Reduction
650		4	_aPoverty Traps
650		4	_aRandomized Controlled Trials
650		4	_aRural Poverty Reduction
650		4	_aSocial Development
700	1		_aKhandker, Shahidur R.
700	1		_aWoutersen, Tiemen
776	1	8	_aPrint version: _iWoutersen, Tiemen _tEstimating the Long-Run Impact of Microcredit Programs on Household Income and Net Worth. _dWashington, D.C. : The World Bank, 2014
830		0	_aPolicy research working papers.
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-7040
999			_c27063 _d27063