This paper addresses whether microcredit participants in Bangladesh are trapped in poverty and debt, as many critics …, invest in children's schooling, and be lifted out of poverty. This is not to say that non-participants have failed to … of poverty reduction have been higher for participants. Testing the net effect of microcredit programs requires applying …

The challenges associated with poverty measurement with a cardinal variable have received due attention during the last … four decades, but there is a dearth of literature studying how to meaningfully assess poverty with an ordinal variable …. This paper first proposes a class of simple, intuitive and policy-relevant poverty measures for ordinal variables. These …

-poor graduation program in Bangladesh and panel data covering over 21,000 households over seven years to study the program's effects … is positive assortative matching by socio-economic status. A reduction in poverty enables households to engage more in …