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Evaluating Casual Impact of Microfinance: Challenges and Results

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dc.contributor.authorDmitry Shapiro-
dc.date.accessioned2021-07-05T00:50:04Z-
dc.date.available2021-07-05T00:50:04Z-
dc.date.issued2021-06-
dc.identifier.citation경제논집, Vol.60, no.1, pp. 3-32ko_KR
dc.identifier.issn1738-1150-
dc.identifier.urihttps://hdl.handle.net/10371/174650-
dc.description.abstractIn this paper, I survey the literature that studied the impacts of microfinance.
The survey consists of four parts. First, I describe the methodological challenges associated with the impact evaluation of microfinance and how the randomized control trial (RCT) approach can address those challenges. I then present the results of six highly influential RCT studies published in the Special Issue of the American Economic Journal: Applied Economics in 2015. All six studies reached a similar conclusion that the overall impact of microfinance was modest and not transformative. Second, I describe the reasons suggested in the literature explaining why the impact is limited. Third, I survey two recent RCT studies that found a positive impact of microfinance and then discuss why these two studies differ from those in the Special Issue. Finally, I survey evidence of the negative impacts of
microfinance.
ko_KR
dc.language.isoenko_KR
dc.publisher서울대학교 경제연구소ko_KR
dc.subjectMicrofinance-
dc.subjectmicrocredit-
dc.subjectimpact of microfinance-
dc.titleEvaluating Casual Impact of Microfinance: Challenges and Resultsko_KR
dc.typeSNU Journalko_KR
dc.citation.journaltitle경제논집ko_KR
dc.citation.endpage32ko_KR
dc.citation.number1ko_KR
dc.citation.startpage3ko_KR
dc.citation.volume60ko_KR
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