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

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  • Mark M. Pitt

Abstract

Duvendack and Palmer-Jones claim to replicate Chemin (2008) and Pitt and Khandker (1998) but obtain different results and hence challenge the two papers' estimates of the impact of microfinance in Bangladesh. This response details a number of reasons to demonstrate that Duvendack and Palmer-Jones is not a replication so their results provide no evidence about the validity of either of the earlier papers or on the effectiveness of microfinance.

Suggested Citation

  • Mark M. Pitt, 2012. "Gunfight at the Not OK Corral: Reply to ‘High Noon for Microfinance’," Journal of Development Studies, Taylor & Francis Journals, vol. 48(12), pages 1886-1891, December.
    • Handle: RePEc:taf:jdevst:v:48:y:2012:i:12:p:1886-1891
    DOI: 10.1080/00220388.2012.727563
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    References listed on IDEAS

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    1. David Roodman & Jonathan Morduch, 2014. "The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," Journal of Development Studies, Taylor & Francis Journals, vol. 50(4), pages 583-604, April.
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    Cited by:

    1. Pitt, Mark M., 2014. "Re-re-reply to"the impact of microcredit on the poor in Bangladesh : revisiting the evidence"," Policy Research Working Paper Series 6801, The World Bank.
    2. Mark Pitt, 2014. "Re-Re-Reply to ìThe Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidenceî," Working Papers 2014-2, Brown University, Department of Economics.
    3. Abhi Dattasharma & Rajalaxmi Kamath & Smita Ramanathan, 2016. "The Burden of Microfinance Debt: Lessons from the Ramanagaram Financial Diaries," Development and Change, International Institute of Social Studies, vol. 47(1), pages 130-156, January.
    4. Morduch, Jonathan & Ravi, Shamika & Bauchet, Jonathan, 2013. "Substitution Bias and External Validity: Why an Innovative Anti-poverty Program Showed no Net Impact," CEI Working Paper Series 2013-02, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    5. Pitt, Mark M. & Khandker, Shahidur R., 2012. "Replicating replication : due diligence in Roodman and Morduch's replication of Pitt and Khandker (1998)," Policy Research Working Paper Series 6273, The World Bank.
    6. Maren Duvendack & Richard Palmer-Jones, 2013. "Replication of quantitative work in development studies: Experiences and suggestions," Progress in Development Studies, , vol. 13(4), pages 307-322, October.

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