Re-Re-Reply To"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence"

25 Pages Posted: 20 Apr 2016

Date Written: March 1, 2014

Abstract

"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2014) (henceforth RM) is the most recent of a sequence of papers and web postings that seeks to refute the findings of the Pitt and Khandker (1998; henceforth PK) article "The Impact of Group-Based Credit on Poor Households in Bangladesh: Does the Gender of Participants Matter?" that microcredit for women had significant, favorable effects on household consumption and other outcomes. In this version of RM, the authors have backed off many of their prior claims and methods after earlier replies noted their faults (see Pitt (1999), Pitt (2011a), Pitt (2011b), and Pitt and Khandker (2012)). Nonetheless, important claims against PK remain in this new version of RM and are addressed below. Readers should refer to Pitt and Khandker (2012) for a discussion of other issues with RM, including a discussion of the bimodal likelihood.

Keywords: Economic Theory & Research, Statistical & Mathematical Sciences, Financial Intermediation, Econometrics, Scientific Research & Science Parks

Suggested Citation

Pitt, Mark M., Re-Re-Reply To"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence" (March 1, 2014). World Bank Policy Research Working Paper No. 6801. Available at SSRN: https://ssrn.com/abstract=2408056

Mark M. Pitt (Contact Author)

Brown University ( email )

Box B
Providence, RI 02912
United States
401-863-2970 (Phone)
401-863-1970 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
35
Abstract Views
208
PlumX Metrics