Taking Stock of the Evidence on Micro-Financial Interventions

Francisco Buera, Joseph Kaboski and Yongseok Shin

No 22674, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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 the empirical micro nor quantitative macro literatures give much reason to believe that such interventions can lead to wide-scale, transformative impacts akin to escaping aggregate poverty traps.

JEL-codes: O1 O11 O12 O16 (search for similar items in EconPapers)
Date: 2016-09
New Economics Papers: this item is included in nep-dev and nep-mfd
Note: DEV EFG
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Citations: View citations in EconPapers (4)

Published as Taking Stock of the Evidence on Microfinancial Interventions , Francisco J. Buera, Joseph P. Kaboski, Yongseok Shin. in The Economics of Poverty Traps , Barrett, Carter, and Chavas. 2019

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Related works:
Journal Article: Taking Stock of the Evidence on Microfinancial Interventions (2020)
Chapter: Taking Stock of the Evidence on Microfinancial Interventions (2017)
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