Re-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence"

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dc.creatorPitt, Mark M.
dc.date2014-03-18T19:34:35Z
dc.date2014-03-18T19:34:35Z
dc.date2014-03
dc.date.accessioned2026-07-01T00:56:10Z
dc.description"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2014) (henceforth RM) is the most recent of a sequence of papers and web postings that seeks to refute the findings of the Pitt and Khandker (1998; henceforth PK) article "The Impact of Group-Based Credit on Poor Households in Bangladesh: Does the Gender of Participants Matter?" that microcredit for women had significant, favorable effects on household consumption and other outcomes. In this version of RM, the authors have backed off many of their prior claims and methods after earlier replies noted their faults (see Pitt (1999), Pitt (2011a), Pitt (2011b), and Pitt and Khandker (2012)). Nonetheless, important claims against PK remain in this new version of RM and are addressed below. Readers should refer to Pitt and Khandker (2012) for a discussion of other issues with RM, including a discussion of the bimodal likelihood.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2014/03/19228238/re-re-reply-impact-microcredit-poor-bangladesh-revisiting-evidence
dc.identifierhttps://hdl.handle.net/10986/17297
dc.identifierhttps://doi.org/10.1596/1813-9450-6801
dc.identifier.urihttp://hdl.handle.net/123456789/413196
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 6801
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectBOOTSTRAP
dc.subjectBORROWING
dc.subjectCONSISTENT ESTIMATES
dc.subjectCONSISTENT ESTIMATOR
dc.subjectCONSTANT TERM
dc.subjectCOVARIANCE
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT RESEARCH
dc.subjectDUMMY VARIABLE
dc.subjectDUMMY VARIABLES
dc.subjectECONOMETRIC MODEL
dc.subjectECONOMETRIC MODELING
dc.subjectECONOMETRICS
dc.subjectECONOMICS
dc.subjectENDOGENOUS VARIABLES
dc.subjectEQUATIONS
dc.subjectERROR
dc.subjectERROR TERM
dc.subjectERROR TERMS
dc.subjectERROR VARIANCE
dc.subjectEXOGENOUS VARIABLES
dc.subjectF-TEST
dc.subjectFIXED EFFECTS
dc.subjectFREE PARAMETERS
dc.subjectINDEPENDENT VARIABLE
dc.subjectINDEPENDENT VARIABLES
dc.subjectINSTRUMENTAL VARIABLES
dc.subjectINSTRUMENTAL VARIABLES ESTIMATION
dc.subjectJOURNAL OF ECONOMETRICS
dc.subjectKURTOSIS
dc.subjectLIKELIHOOD FUNCTION
dc.subjectLINEAR REGRESSION
dc.subjectLOGARITHMS
dc.subjectMATHEMATICS
dc.subjectMATRICES
dc.subjectMATRIX
dc.subjectMAXIMUM LIKELIHOOD
dc.subjectMAXIMUM LIKELIHOOD ESTIMATION
dc.subjectMAXIMUM LIKELIHOOD ESTIMATOR
dc.subjectMAXIMUM LIKELIHOOD ESTIMATORS
dc.subjectMEAN VALUE
dc.subject0 HYPOTHESIS
dc.subjectNUMBER OF OBSERVATIONS
dc.subjectOUTLIERS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLYNOMIALS
dc.subjectPOSITIVE EFFECTS
dc.subjectPRECISION
dc.subjectPREDICTION
dc.subjectPROBABILITY
dc.subjectRESEARCH WORKING PAPERS
dc.subjectSAMPLE SIZE
dc.subjectSCENARIO
dc.subjectSENSITIVITY ANALYSIS
dc.subjectSIMULATION
dc.subjectSIMULATIONS
dc.subjectSIMULTANEOUS EQUATIONS
dc.subjectSKEWNESS
dc.subjectSLOPE COEFFICIENTS
dc.subjectSMALL SAMPLE
dc.subjectSTANDARD DEVIATION
dc.subjectSTANDARD DEVIATIONS
dc.subjectSTATA
dc.subjectSTATA CODE
dc.subjectSTATISTICAL MODELS
dc.subjectSTATISTICAL SIGNIFICANCE
dc.subjectT-RATIO
dc.subjectT-RATIOS
dc.subjectTEST STATISTIC
dc.subjectTEST STATISTICS
dc.subjectWEALTH
dc.subjectWEIGHTING
dc.titleRe-Re-Reply to "The Impact of Microcredit on the Poor in Bangladesh : Revisiting the Evidence"

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