Joint-Liability in Microcredit: Evidence from Bangladesh
نویسندگان
چکیده
منابع مشابه
Group versus Individual Liability: Long Term Evidence from Philippine Microcredit Lending Groups
Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement. However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms. The first removed group liability from pre-existing groups and the second randomly assigned villages to e...
متن کاملGroup versus individual liability: Short and long term evidence from Philippine microcredit lending groups
☆ We are grateful to the World Bank Research Com Foundation CAREER SES-0547898, and the Bill and Meli the Financial Access Initiative for funding this research. W Ghatak, and the referees, for their helpful comments. W Warwick, Karla Hoff, Kate Johnson, Jonathan Morduch BruceWydick, Dean Yang, and seminar and several confer ments on this project. We thank John Owens and the USA Access to Bankin...
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We replicate and reanalyse the most influential study of microcredit impacts (M. M. Pitt & S. R. Khandker’s, ‘The impact of group-based credit on poor households in Bangladesh: Does the gender of participants matter?’, published in the Journal of Political Economy, 106, 1998). That study was celebrated for showing that microcredit reduces poverty, a much hoped for possibility (though one not co...
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ژورنال
عنوان ژورنال: Atlantic Economic Journal
سال: 2016
ISSN: 0197-4254,1573-9678
DOI: 10.1007/s11293-016-9490-x