This paper uses long panel survey data spanning over 20 years to examine the dynamics of microcredit programs in Bangladesh. With the phenomenal growth of microfinance institutions representing 30 million members with over $2 billion of annual disbursement over the past two decades, it is important to understand the dynamics of microcredit expansion and its induced impact on household welfare. A dynamic panel model is used to address a number of issues...
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2014/03/01
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Documento de trabalho sobre pesquisa de políticas
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WPS6821
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1
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1
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2014/03/01
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Disclosed
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Dynamic effects of microcredit in Bangladesh
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household net worth
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