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Replication data for: The Miracle of Microfinance? Evidence from a Randomized Evaluation

Resource Type
  • Banerjee, Abhijit
  • Duflo, Esther
  • Glennerster, Rachel
  • Kinnan, Cynthia
Publication Date
  • Abstract

    This paper reports results from the randomized evaluation of a group-lending microcredit program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods, leading to an 8.4 percentage point increase in takeup of microcredit. Small business investment and profits of preexisting businesses increased, but consumption did not significantly increase. Durable goods expenditure increased, while "temptation goods" expenditure declined. We found no significant changes in health, education, or women's empowerment. Two years later, after control areas had gained access to microcredit but households in treatment area had borrowed for longer and in larger amounts, very few significant differences persist. (JEL G21, G31, O16, O12, L25, I38)
  • Is supplement to
    DOI: 10.1257/app.20130533 (Text)
  • Banerjee, Abhijit, Esther Duflo, Rachel Glennerster, and Cynthia Kinnan. “The Miracle of Microfinance? Evidence from a Randomized Evaluation.” American Economic Journal: Applied Economics 7, no. 1 (January 2015): 22–53.
    • ID: 10.1257/app.20130533 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Banerjee, Abhijit; Duflo, Esther; Glennerster, Rachel; Kinnan, Cynthia (2015): Replication data for: The Miracle of Microfinance? Evidence from a Randomized Evaluation. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.