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

Pitt, Mark M.

World Bank, Washington, DC

关键词: AGRICULTURE;    BOOTSTRAP;    BORROWING;    CONSISTENT ESTIMATES;    CONSISTENT ESTIMATOR;   

DOI  :  10.1596/1813-9450-6801
RP-ID  :  WPS6801

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

"The Impact of Microcredit on thePoor in Bangladesh: Revisiting the Evidence," by DavidRoodman and Jonathan Morduch (2014) (henceforth RM) is themost recent of a sequence of papers and web postings thatseeks to refute the findings of the Pitt and Khandker (1998;henceforth PK) article "The Impact of Group-BasedCredit on Poor Households in Bangladesh: Does the Gender ofParticipants Matter?" that microcredit for women hadsignificant, favorable effects on household consumption andother outcomes. In this version of RM, the authors havebacked off many of their prior claims and methods afterearlier replies noted their faults (see Pitt (1999), Pitt(2011a), Pitt (2011b), and Pitt and Khandker (2012)).Nonetheless, important claims against PK remain in this newversion of RM and are addressed below. Readers should referto Pitt and Khandker (2012) for a discussion of other issueswith RM, including a discussion of the bimodal likelihood.