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dc.contributor.authorFaridi, Rushaden_US
dc.date.accessioned2011-08-22T19:01:19Z
dc.date.available2011-08-22T19:01:19Z
dc.date.issued2004-04-16en_US
dc.identifier.otheretd-04292004-191805en_US
dc.identifier.urihttp://hdl.handle.net/10919/11167
dc.description.abstractMicrocredit programs are of great interest to economists and policymakers because of their potential for reducing poverty, particularly among women. The first chapter mainly investigates the effectiveness aspect of microcredit programs. Using program evaluation methods, we find significant improvement in women's economic condition after participating in these programs. This study also corrects for the self-selection bias that might arise due to the fact that women decide on whether to participate in the programs or not. The second chapter studies the determinants of women's economic performance in microcredit programs. These determinants are in the form of different types of characteristics of women: their own characteristics, such as age or schooling or the characteristics of the household or village they live in. One obstacle to measure the effect of observed characteristics is the problem of omitted variable bias, typically caused by unavailability of data on unobserved ability of individuals. In the absence of suitable instruments, this study finds information about unobserved ability from the marriage market. It is found that incorporating estimates of women's unobserved characteristics significantly changes the estimated effect of women's observed characteristics and substantially removes the omitted variable bias. Microcredit programs originated from Bangladesh and now three major microcredit programs are operating: Grameen Bank, BRAC and RD-12. The third chapter investigates how these different microcredit programs have been performing relative to each other. Using similar program evaluation technique as in chapter 1, we measure program impact on women's economic welfare for these programs separately. We find that BRAC outperforms Grameen Bank and RD-12 significantly. This result is interesting since it contradicts the popular notion that Grameen Bank is the most successful microcredit program. This study also tries to find the determinants of economic success of women participating in these programs, separately for each program. These results provide more insights into different aspects of microcredit program.en_US
dc.format.mediumETDen_US
dc.publisherVirginia Techen_US
dc.relation.haspartDissertationETD.pdfen_US
dc.rightsThis Item is protected by copyright and/or related rights. Some uses of this Item may be deemed fair and permitted by law even without permission from the rights holder(s), or the rights holder(s) may have licensed the work for use under certain conditions. For other uses you need to obtain permission from the rights holder(s).en_US
dc.subjectmicrocrediten_US
dc.subjectprogram evaluationen_US
dc.subjectunobserved abilityen_US
dc.subjectselection biasen_US
dc.titleMicrocredit Programs and Evaluation of Women's Successen_US
dc.typeDissertationen_US
dc.contributor.departmentEconomicsen_US
dc.description.degreePh. D.en_US
thesis.degree.namePh. D.en_US
thesis.degree.leveldoctoralen_US
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen_US
thesis.degree.disciplineEconomicsen_US
dc.contributor.committeechairYang, Dennis T.en_US
dc.contributor.committeememberAshley, Richard A.en_US
dc.contributor.committeememberMurphy, Russell D.en_US
dc.contributor.committeememberPeterson, Everett B.en_US
dc.contributor.committeememberSalehi-Isfahani, Djavaden_US
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-04292004-191805en_US
dc.date.sdate2004-04-29en_US
dc.date.rdate2006-05-05
dc.date.adate2004-05-05en_US


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