Impact of Microfinance on Schooling: Evidence from Poor Rural Households in Bolivia
Summary Channels for the influence of microfinance programs on a rural household's demand for schooling are identified: income growth, risk management, child-labor demand, gender empowerment, and parent information. Within a random-utility framework, a model of household consumption, investment in education, and borrowing suggests determinants at the individual, household and regional levels of the probability of schooling gaps. Using data from two surveys of households of clients of microfinance organizations in Bolivia, regression models examine determinants of schooling gaps. Inferences about otherwise positive microfinance impacts identify potential negative effects of increased child-labor demand, which challenge usual assumptions and pose dilemmas for policymakers.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Navajas, Sergio & Schreiner, Mark & Meyer, Richard L. & Gonzalez-vega, Claudio & Rodriguez-meza, Jorge, 2000.
"Microcredit and the Poorest of the Poor: Theory and Evidence from Bolivia,"
Elsevier, vol. 28(2), pages 333-346, February.
- Navajas, Sergio & Schreiner, Mark & Meyer, Richard L. & Gonzalez-Vega, Claudio & Rodriguez-Meza, Jorge, 1998. "Microcredit And The Poorest Of The Poor: Theory And Evidence From Bolivia," Economics and Sociology Occasional Papers 28334, Ohio State University, Department of Agricultural, Environmental and Development Economics.
- Bardhan, Pranab & Udry, Christopher, 1999. "Development Microeconomics," OUP Catalogue, Oxford University Press, number 9780198773719, July.
- Hausman, Jerry & Hall, Bronwyn H & Griliches, Zvi, 1984.
"Econometric Models for Count Data with an Application to the Patents-R&D Relationship,"
Econometric Society, vol. 52(4), pages 909-38, July.
- Jerry A. Hausman & Bronwyn H. Hall & Zvi Griliches, 1984. "Econometric Models for Count Data with an Application to the Patents-R&D Relationship," NBER Technical Working Papers 0017, National Bureau of Economic Research, Inc.
- Maldonado Jorge Higinio & Claudio González Vega, 2006. "Impacto de las microfinanzas en la educación formal de niños en hogares de Bolivia," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, March.
- Behrman, Jere R & Knowles, James C, 1999. "Household Income and Child Schooling in Vietnam," World Bank Economic Review, World Bank Group, vol. 13(2), pages 211-56, May.
- Grossman, Michael, 2006.
"Education and Nonmarket Outcomes,"
Handbook of the Economics of Education,
- Gunnarsson, Victoria & Orazem, Peter & Sanchez, Mario A., 2003.
"Child Labor and School Achievement in Latin America,"
Staff General Research Papers
10684, Iowa State University, Department of Economics.
- Victoria Gunnarsson & Peter F. Orazem & Mario A. Sánchez, 2006. "Child Labor and School Achievement in Latin America," World Bank Economic Review, World Bank Group, vol. 20(1), pages 31-54.
- Lillard, L.A. & Willis, R.J., 1993.
"Intergenerational Educational Mobility: Efects of Family and State in Malaysia,"
93-38, RAND - Labor and Population Program.
- Lee A. Lillard & Robert J. Willis, 1994. "Intergenerational Educational Mobility: Effects of Family and State in Malaysia," Journal of Human Resources, University of Wisconsin Press, vol. 29(4), pages 1126-1166.
- Lillard, L.A. & Willis, R.J., 1995. "Intergenerational Educational Mobility, Effects of Family and State in Malaysia," Papers 95-02, RAND - Reprint Series.
- Jonathan Morduch, 1995.
"Income Smoothing and Consumption Smoothing,"
Harvard Institute of Economic Research Working Papers
1727, Harvard - Institute of Economic Research.
- Ravallion, Martin & Wodon, Quentin, 2000.
"Does Child Labour Displace Schooling? Evidence on Behavioural Responses to an Enrollment Subsidy,"
Royal Economic Society, vol. 110(462), pages C158-75, March.
- Ravallion, Martin & Wodon, Quentin, 1999. "Does child labor displace schooling? - evidence on behavioral responses to an enrollment subsidy," Policy Research Working Paper Series 2116, The World Bank.
- Heady, Christopher, 2003. "The Effect of Child Labor on Learning Achievement," World Development, Elsevier, vol. 31(2), pages 385-398, February.
- Rhyne, Elisabeth & Otero, Maria, 1992. "Financial services for microenterprises: Principles and institutions," World Development, Elsevier, vol. 20(11), pages 1561-1571, November.
- Ranjula Bali Swain & Fan Yang Wallentin, 2009.
"Does microfinance empower women? Evidence from self-help groups in India,"
International Review of Applied Economics,
Taylor & Francis Journals, vol. 23(5), pages 541-556.
- Bali Swain, Ranjula & Wallentin, Fan Yang, 2007. "DOES MICROFINANCE EMPOWER WOMEN? Evidence from Self Help Groups in India," Working Paper Series 2007:24, Uppsala University, Department of Economics.
- Beegle, Kathleen & Dehejia, Rajeev H. & Gatti, Roberta, 2006. "Child labor and agricultural shocks," Journal of Development Economics, Elsevier, vol. 81(1), pages 80-96, October.
- Ray, R., 2000.
"The Determinants of Child Labour and Child Schooling in Ghana,"
2000-5, Tasmania - Department of Economics.
- Ranjan Ray, 2002. "The Determinants of Child Labour and Child Schooling in Ghana," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 11(4), pages 561-590, December.
- de Janvry, Alain & Finan, Frederico & Sadoulet, Elisabeth & Vakis, Renos, 2006. "Can conditional cash transfer programs serve as safety nets in keeping children at school and from working when exposed to shocks?," Journal of Development Economics, Elsevier, vol. 79(2), pages 349-373, April.
- Behrman, Jere R & Pollak, Robert A & Taubman, Paul, 1986. "Do Parents Favor Boys?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(1), pages 33-54, February.
- Robert J. Barro & Jong-Wha Lee, 2000.
"International Data on Educational Attainment Updates and Implications,"
NBER Working Papers
7911, National Bureau of Economic Research, Inc.
- Barro, Robert J & Lee, Jong-Wha, 2001. "International Data on Educational Attainment: Updates and Implications," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 541-63, July.
- Robert J. Barro & Jong-Wha Lee, 2000. "International Data on Educational Attainment: Updates and Implications," CID Working Papers 42, Center for International Development at Harvard University.
- Furio Camillo Rosati & Mariacristina Rossi, 2003.
"Children's Working Hours and School Enrollment: Evidence from Pakistan and Nicaragua,"
World Bank Economic Review,
World Bank Group, vol. 17(2), pages 283-295, December.
- Furio C. Rosati & Mariacristina Rossi, 2003. "Children's Working Hours and School Enrollment: Evidence from Pakistan and Nicaragua," CEIS Research Paper 25, Tor Vergata University, CEIS.
- Suzanne Duryea & Carmen Pagés, 2002.
"Human Capital Policies: What they Can and Cannot Do for Productivity and Poverty Reduction in Latin America,"
IDB Publications (Working Papers)
4125, Inter-American Development Bank.
- Suzanne Duryea & Carmen Pagés-Serra, 2002. "Human Capital Policies: What they Can and Cannot Do for Productivity and Poverty Reduction in Latin America," Research Department Publications 4297, Inter-American Development Bank, Research Department.
- Peter J. Klenow & Mark Bils, 2000. "Does Schooling Cause Growth?," American Economic Review, American Economic Association, vol. 90(5), pages 1160-1183, December.
- Sharma, Manohar & Zeller, Manfred, 1999. "Placement and Outreach of Group-Based Credit Organizations: The Cases of ASA, BRAC, and PROSHIKA in Bangladesh," World Development, Elsevier, vol. 27(12), pages 2123-2136, December.
- Hanan G. Jacoby & Emmanuel Skoufias, 1997. "Risk, Financial Markets, and Human Capital in a Developing Country," Review of Economic Studies, Oxford University Press, vol. 64(3), pages 311-335.
- George Psacharopoulos, 1997. "Child labor versus educational attainment Some evidence from Latin America," Journal of Population Economics, Springer, vol. 10(4), pages 377-386.
- Cameron, A Colin & Trivedi, Pravin K, 1986. "Econometric Models Based on Count Data: Comparisons and Applications of Some Estimators and Tests," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(1), pages 29-53, January.
- Priya Nanda, 1999. "Women's participation in rural credit programmes in Bangladesh and their demand for formal health care: is there a positive impact? 1," Health Economics, John Wiley & Sons, Ltd., vol. 8(5), pages 415-428.
- Sharma, Manohar & Zeller, Manfred, 1999. "Placement and outreach of group-based credit organizations," FCND discussion papers 59, International Food Policy Research Institute (IFPRI).
When requesting a correction, please mention this item's handle: RePEc:eee:wdevel:v:36:y:2008:i:11:p:2440-2455. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.