Microfinance at the margin: Experimental evidence from Bosnia and Herzegovina

Arbeitspapier

We use an RCT to analyse the impact of microcredit on poverty reduction in Bosnia. The study population are loan applicants that would normally have just been rejected based on regular screening. We find that access to credit allowed borrowers to start and expand small-scale businesses. Households that already had a business and where the borrower had more education ran down their savings, presumably to complement the loan and to achieve the minimum amount necessary to expand their business. In less-educated households, however, consumption went down. A key new result is that there was a substantial increase in the labor supply of young adults (16-19 year olds). This was accompanied by a reduction in school attendance.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Working Papers ; No. W12/15

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Firm Behavior: Theory ; Measurement and Analysis of Poverty
• Thema: Microfinance ; liquidity constraints ; human capital ; randomized controlled trial

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Augsburg, Britta ; de Haas, Ralph ; Harmgart, Heike ; Meghir, Costas
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 2012

Weitere Informationen

• DOI: doi:10.1920/wp.ifs.2012.1215
• Handle: http://hdl.handle.net/10419/91517
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ