Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events

World Development

Volumn 39, Issue 6, 2011, Pages 922-937

  McIntosh, Craig ^a   Villaran, Gonzalo ^b   Wydick, Bruce ^c  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b Invertir Consulting   (Peru)

^c UNIVERSITY OF SAN FRANCISCO   (United States)

Author keywords

Event studies; Microfinance; Program evaluation; RETRAFECT

Indexed keywords

DATA SET; ECONOMIC DEVELOPMENT; ESTIMATION METHOD; FINANCIAL SYSTEM; HOUSING FINANCE; METHODOLOGY; MICROFINANCE; PANEL DATA;

GHANA; GUATEMALA [CENTRAL AMERICA]; INDIA;

EID: 79956158989     PISSN: 0305750X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.worlddev.2011.03.001     Document Type: Article

References (24)

1. AIMS Team. Clients in context: The impacts of microfinance in three countries. AIMS Paper. Management Systems International.
2. Armendáriz de Aghion B., Morduch J. The economics of microfinance 2005, MIT Press, Cambridge.
3. Ashenfelter O. Estimating the effect of training programs on earnings. The Review of Economics and Statistics 1978, 60(1):47-57.
4. Banerjee, A., & Duflo, E. (2004). Do firms want to borrow more? Testing credit constraints using a directed lending program. MIT Department of Economics Working Paper.
5. Banerjee, A., Duflo, E., Glennerster, R., & Kinnan, C. (2009). The miracle of microfinance? Evidence from a randomized evaluation. MIT Working Paper.
6. Center for Urban Development Studies. (2000). Housing microfinance alternatives, synthesis and regional summary: Asia, Latin America and Sub-Saharan Africa. Harvard University Graduate School of Design.
7. Chamberlain G. Analysis of covariance with qualitative data. Review of Economic Studies 1980, 47:225-238.
8. Coleman B. The impact of group lending in Northeast Thailand. Journal of Development Economics 1999, 60(1):105-141.
9. Copestake J.S., Bhalotra S., Johnson S. Assessing the impact of microcredit: A Zambian case study. Journal of Development Studies 2001, 37(4):81-100.
10. Duflo, E. (2006). Field experiments in development economics. Massachusetts Institute of Technology Working Paper.
11. Duflo, E., & Kremer, M. (2003). The use of randomization in the evaluation of development effectiveness. World Bank Operations Evaluation Department Working Paper.
12. Easterly W. The while man's burden: Why the west's efforts to aid the rest have done so much ill and so little good 2006, Penguin Press, New York.
13. Ferguson B. Housing microfinance: A guide to practice 2004, Kumarian Press.
14. Gomez, R., & Santor, E. (2003). Do peer group members outperform individual borrowers?: A test of peer group lending using Canadian micro-credit data. Banque du Canada Working Paper.
15. Karlan D. Microfinance impact assessments: The perils of using new members as a control group. Journal of Microfinance 2001, 3(2):77-85.
16. Karlan, D., & Alexander-Tedeschi, G. (2009). Cross sectional impact analysis: Bias from dropouts. Perspectives on Global Development and Technology, Microfinance special issue, in press.
17. Karlan, D., & Zinman, J. (2009). Expanding microenterprise credit access: Using randomized supply decisions to estimate the impacts in Manila. Yale University Working Paper.
18. MacKinlay C. Event studies in economics and finance. Journal of Economic Literature 1997, 35:13-39.
19. Morduch, J. (1998). Does microfinance really help the poor? New evidence from Flagship Programs in Bangladesh. Working Paper.
20. Pitt M., Khandker S. The impact of group-based credit programs on poor households in Bangladesh: Does gender of participants matter?. Journal of Political Economy 1998, 106(5).
21. Savedoff, W., Levine, R., & Birdsall, N. (2006). Will we ever learn? Improving lives through impact evaluation. Report of the Evaluation Gap Working Group, Center for Global Development.
22. Tax, S. (1953). Penny capitalism a Guatemalan Indian economy. Smithsonian Institution, Institute of Social Anthropology. Publication No. 16.
23. Van de Walle, D. (1999). Assessing the poverty impact of rural road projects. World Bank mimeo. Washington, D.C.
24. Wydick B. The effect of microenterprise lending on child schooling in Guatemala. Economic Development and Cultural Change 1999, 47(4):853-869.