NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Taking Stock of the Evidence on Micro-Financial Interventions

Francisco J. Buera, Joseph P. Kaboski, Yongseok Shin


This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.

Chapter in forthcoming NBER book The Economics of Poverty Traps, Christopher B. Barrett, Michael R. Carter, and Jean-Paul Chavas, editors
Conference held June 28-29, 2016
Forthcoming from University of Chicago Press

We review the empirical evidence on microfinance and asset grants to the ultra poor or microentrepreneurs, and assess our ability to account for this evidence using quantitative theory. Properly executed, these interventions can help segments of the population increase their income and consumption, but neither literature gives much reason to believe that such interventions can lead to wide-scale, transformative impacts akin to escaping aggregate poverty traps.

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This chapter first appeared as NBER working paper w22674, Taking Stock of the Evidence on Micro-Financial Interventions, Francisco J. Buera, Joseph P. Kaboski, Yongseok Shin
Commentary on this chapter: Comment, Stephen C. Smith
Users who downloaded this chapter also downloaded* these:
Buera, Kaboski, and Shin w17905 The Macroeconomics of Microfinance
Calderon, Cunha, and De Giorgi w19740 Business Literacy and Development: Evidence from a Randomized Controlled Trial in Rural Mexico
Feigenberg, Field, and Pande w16018 Building Social Capital Through MicroFinance
Buera, Kaboski, and Shin w21107 Entrepreneurship and Financial Frictions: A Macro-Development Perspective
Duflo, Banerjee, Glennerster, and Kinnan w18950 The Miracle of Microfinance? Evidence from a Randomized Evaluation
 
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