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This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of...
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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 …
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