Microcredit and women's empowerment in Bangladesh: a structural equation model for categorical observed variables
AbstractThis paper employs the Bangladesh Demographic and Health Survey (2004) to explore the relationship between participation in microcredit programs and women's empowerment using a structural equation model with categorical observed variables. A MCMC-based Bayesian approach is adopted for estimation. Along with participation in microcredit, we consider a variety of socio-cultural aspects as potential predictors of empowerment in the Bangladeshi context including men's perceptions about women's status. We conclude that gender community norms are strongly rooted in women's minds regardless of the partners' perceptions of women's status, and microcredit interventions may actually contribute to change gender beliefs and social attitudes.
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Bibliographic InfoPaper provided by Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE) in its series DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali with number dises1396.
Date of creation: Oct 2013
Date of revision:
Microcredit programs; Women's empowerment; Gender relations; Asia; Bangladesh; Bayesian approach.;
Find related papers by JEL classification:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-04-18 (All new papers)
- NEP-DEM-2014-04-18 (Demographic Economics)
- NEP-DEV-2014-04-18 (Development)
- NEP-MFD-2014-04-18 (Microfinance)
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