Testing Microfinance Theories: Field Experiments in Developing Countries

检验小额信贷理论：发展中国家的实地实验

• 批准号: 0652814
• 负责人: Dean Karlan
• 金额: $ 25.68万
• 依托单位: Yale University
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 2006
• 资助国家: 美国
• 起止时间: 2006-01-10 至 2009-02-28
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=0652814&HistoricalAwards=false
• 关键词: Testing; Microfinance; Theories; Field; Experiments

This award funds a three year project to test economic theories about financial markets for the poor in developing countires. The tests will use randomized field experiments combined with collection of supplementary data. The research will improve our understanding of both how individuals make decisions over time and of how micro-lending policies can aid economic development.Research will be conducted at field sites in the Phillipines and South Africa. Reearch questions include (1) Is adverse selection present in South African lending markets? Is such adverse selection an important explanation for why poor South Africans default on loans? (2) Does the refinancing incentive of repeat loans inspire repayment? (3) Are individuals credit-constrained in South Africa and if so what is the impact from providing access to credit to such individuals? (4) Do commitment features to a savings product help individuals save more? What kinds of individuals are more likely to use such a product?The results of this research will give policy makers important information about whether and how micro-credit loans can help to encourage entrepreneurship and reduce poverty in developing countries.

该奖项资助了一个为期三年的项目，以测试有关发展中国家穷人金融市场的经济理论。 测试将使用随机田间实验结合收集补充数据。 这项研究将提高我们对个人如何随着时间的推移做出决定以及小额贷款政策如何帮助经济发展的理解。研究将在菲律宾和南非的实地进行。 值得注意的问题包括：（1）南非贷款市场是否存在逆向选择？ 这种逆向选择是贫穷的南非人拖欠贷款的重要原因吗？(2)重复贷款的再融资激励是否会激励还款？(3)南非的个人信贷是否受到限制，如果是，向这些人提供信贷的影响是什么？(4)储蓄产品的承诺功能是否有助于个人储蓄更多？ 什么样的人更有可能使用这样的产品？这项研究的结果将为决策者提供关于微额信贷贷款是否和如何有助于鼓励发展中国家的企业家精神和减少贫穷的重要资料。