Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco
| dc.creator | Angelucci, Manuela | |
| dc.creator | Karlan, Dean S. | |
| dc.creator | Zinman, Jonathan | |
| dc.date | 2017-04-01T14:08:10Z | |
| dc.date.accessioned | 2026-07-09T07:10:29Z | |
| dc.description | 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 110% APR by the largest microlender in Mexico. Average effects on a rich set of outcomes measured 18-34 months post-expansion suggest some good and little harm. Other estimators identify heterogeneous treatment effects and effects on outcome distributions, but again yield little support for the hypothesis that microcredit causes harm. | |
| dc.identifier | doi:10.22004/ag.econ.150384 | |
| dc.identifier | https://ageconsearch.umn.edu/record/150384/files/cdp1026.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/150384 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/585315 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/150384 | |
| dc.title | Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco | |
| dc.type | Text |