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The most-noted studies on the impact of microcredit on households are based on a survey fielded in Bangladesh in the 1990s. Contradictions among them have produced lasting controversy and confusion. Pitt and Khandker (PK, 1998) apply a quasi-experimental design to 1991-92 data; they conclude that...
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celebrated for showing that microcredit reduces poverty, a much hoped-for possibility (though one not confirmed by recent … randomized controlled trials). We show that the original results on poverty reduction disappear after dropping outliers, or when …
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The most-noted studies on the impact of microcredit on households are based on a survey fielded in Bangladesh in the 1990s. Contradictions among them have produced lasting controversy and confusion. Pitt and Khandker (PK, 1998) apply a quasi-experimental design to 1991–92 data; they conclude...
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