The Benefits and Costs of Microfinance: Evidence from Bangladesh
运用匹配方法评估小额信贷对孟加拉国家庭人均支出、劳动供给和入学率的影响，发现正面效应低于以往认知，并计算了信贷成本，为小额信贷机构客户筛选提供参考。
Abstract Using the latest developments from the evaluation literature, namely the technique of matching, this paper shows a positive, but lower than previously thought, effect of microfinance on expenditure per capita, supply of labour, and level of school enrolment for boys and girls. For instance, participants spend 3 per cent more on average than non-participants in control villages. This paper also takes into account repayment delays to calculate the cost of credit provision. It shows how a better investigation at the individual level of the benefits brought and the cost borne could help microfinance institutions to better select their customers.