Work

Gunfight at the Not OK Corral: Reply to ‘High Noon for Microfinance’

Year: 2012

Type: article

Abstract: The paper "High Noon for Microfinance Impact Evaluations" by Duvendack and Palmer-Jones replicates the papers of Chemin (2008) and Pitt and Khandker (1998) that estimate the impact of microfinance in Bangladesh. My paper replicates the Duvendack and Palmer-Jones replication and finds so many serious errors in their code and misrepresentations of the methods described in their paper that I conclude that their results are spurious and provide no evidence about the validity of either the papers of Chemin or Pitt and Khandker or on the effectiveness of microfinance.

Source: The Journal of Development Studies

DOI: 10.1080/00220388.2012.727563

Author: Mark M. Pitt

Institution: Brown University

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: No poverty

Open Access status: green

Funder: Eunice Kennedy Shriver National Institute of Child Health and Human Development