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The recent experimental evaluation of the U.S. Job Training Partnership Act (JTPA) program found negative effects of training on the earnings of disadvantaged male youth and no effect on the earnings of disadvantaged female youth. These findings provided justification for Congress to cut the...
Persistent link: https://www.econbiz.de/10013243373
introduced payroll accounts in a population of largely unbanked factory workers in Bangladesh. In the experiment, workers in a …
Persistent link: https://www.econbiz.de/10014256765
of a particular microfinance institution (Spandana) while the remainder were not, although other MFIs were free to enter …. We found no changes in any of the development outcomes that are often believed to be affected by microfinance, including …
Persistent link: https://www.econbiz.de/10013082170
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10013065641
Morocco starting in 2006 by Al Amana, the country's largest microfinance institution. Al Amana was the only MFI operating in …
Persistent link: https://www.econbiz.de/10013052669
Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at...
Persistent link: https://www.econbiz.de/10013060267
In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance … loans in the affected state. We use this massive dislocation in the microfinance market to identify the causal impacts of a … sector (agriculture), suggesting that one important impact of the microfinance contraction was transmitted through its effect …
Persistent link: https://www.econbiz.de/10012927025
The Nigerian banking system was in crisis for much of the 1990's and early 2000's. The reforms of 2005 were ambitious in simultaneously attempting to address safety, soundness, and accessibility. This paper uses published and new survey data through 2008 to investigate whether bank consolidation...
Persistent link: https://www.econbiz.de/10013128269
I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5 years after the interest...
Persistent link: https://www.econbiz.de/10012984758
We review the empirical evidence on microfinance and asset grants to the ultra poor or microentrepreneurs, and assess …
Persistent link: https://www.econbiz.de/10012982524