Augsburg, Britta; Haas, Ralph De; Harmgart, Heike; … - In: American Economic Journal: Applied Economics 7 (2015) 1, pp. 183-203
We use an RCT to analyze the impacts of microcredit. The study population consists of loan applicants who were marginally rejected by an MFI in Bosnia. A random subset of these were offered a loan. We provide evidence of higher self-employment, increases in inventory, a reduction in the...