Taking Stock of the Evidence on Microfinancial Interventions

Francisco Buera, Joseph Kaboski and Yongseok Shin

Review, 2020, vol. 102, issue 2, 173-202

Abstract: We review the empirical evidence on microfinance and asset grants to the ultra poor or microentrepreneurs and use quantitative economic theory to account for this evidence. 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.

JEL-codes: O16 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Related works:
Chapter: Taking Stock of the Evidence on Microfinancial Interventions (2017)
Working Paper: Taking Stock of the Evidence on Micro-Financial Interventions (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:88589

DOI: 10.20955/r.102.173-202

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