IDEAS home Printed from https://ideas.repec.org/a/oup/wbecrv/v33y2019i1p95-115..html
   My bibliography  Save this article

Re-evaluating Microfinance: Evidence from Propensity Score Matching

Author

Listed:
  • Inna Cintina
  • Inessa Love

Abstract

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.

Suggested Citation

  • Inna Cintina & Inessa Love, 2019. "Re-evaluating Microfinance: Evidence from Propensity Score Matching," The World Bank Economic Review, World Bank, vol. 33(1), pages 95-115.
    • Handle: RePEc:oup:wbecrv:v:33:y:2019:i:1:p:95-115.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/wber/lhw069
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Coulibaly, Issiaka & Dembélé, Moustapha, 2024. "Impacts of remittances from internal and international migrants on poverty and inequality in Mali," International Economics, Elsevier, vol. 177(C).
    2. Sadia Hussain & Hamna Ahmed, 2019. "The role of bundling in promoting sustainability of health insurance: evidence from Pakistan," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(3), pages 503-526, July.
    3. Rafael Goldszmidt & Patrick Behr & Cesar Zucco & Anna-Katharina Lenz & Lauro Gonzalez & Martin Valdivia, 2022. "Microcredit Impacts: Evidence from a Large-Scale Observational Study in Brazil," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(4), pages 1940-1966, August.
    4. Lars Ivar Oppedal Berge & Armando José Garcia Pires, 2020. "Gender, formality, and entrepreneurial success," Small Business Economics, Springer, vol. 55(4), pages 881-900, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:wbecrv:v:33:y:2019:i:1:p:95-115.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.