The Impacts of Microcredit: Evidence from Ethiopia
基于埃塞俄比亚农村的随机对照试验数据，研究增加小额信贷获取对农业收入、畜牧业、非农自雇、劳动力供给、教育及妇女赋权等社会经济指标的影响，发现多数指标无显著改善。
We use data from a randomized controlled trial conducted in 2003–2006 in rural Amhara and Oromiya (Ethiopia) to study the impacts of increasing access to microfinance on a number of socioeconomic outcomes, including income from agriculture, animal husbandry, nonfarm self-employment, labor supply, schooling and indicators of women's empowerment. We document that despite substantial increases in borrowing in areas assigned to treatment the null of no impact cannot be rejected for a large majority of outcomes.