Escaping from the poverty trap with social innovation: a social microcredit programme in Hungary
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Karoly Fazekas & Julia Varga (ed.), 2015. "The Hungarian Labour Market 2015," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2015.
- Milford Bateman & Ha-Joon Chang, 2012. "Microfinance and the Illusion of Development: From Hubris to Nemesis in Thirty Years," World Economic Review, World Economics Association, vol. 2012(1), pages 1-13, September.
- Britta Augsburg & Ralph De Haas & Heike Harmgart & Costas Meghir, 2015.
"The Impacts of Microcredit: Evidence from Bosnia and Herzegovina,"
American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 183-203, January.
- Britta Augsburg & Ralph De Haas & Heike Harmgart & Costas Meghir, 2012. "The Impacts of Microcredit: Evidence from Bosnia and Herzegovina," NBER Working Papers 18538, National Bureau of Economic Research, Inc.
- Dean Karlan & Markus Mobius & Tanya Rosenblat & Adam Szeidl, 2009.
"Trust and Social Collateral,"
The Quarterly Journal of Economics, Oxford University Press, vol. 124(3), pages 1307-1361.
- Markus Mobius & Adam Szeidl, 2007. "Trust and Social Collateral," NBER Working Papers 13126, National Bureau of Economic Research, Inc.
- Karlan, Dean & Mobius, Markus & Rosenblat, Tanya & Szeidl, Adam, 2009. "Trust and Social Collateral," Staff General Research Papers Archive 13026, Iowa State University, Department of Economics.
- Szeidl, Adam & Rosenblat, Tanya & Mobius, Markus & Karlan, Dean, 2009. "Trust and Social Collateral," Scholarly Articles 3051620, Harvard University Department of Economics.
- Karoly Fazekas & Peter Benczur & Almos Telegdy (ed.), 2013. "The Hungarian Labour Market 2013," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2013.
- Stiglitz, Joseph E, 1990. "Peer Monitoring and Credit Markets," The World Bank Economic Review, World Bank Group, vol. 4(3), pages 351-366, September.
- Patricio S. Dalton & Sayantan Ghosal & Anandi Mani, 2016.
"Poverty and Aspirations Failure,"
Economic Journal, Royal Economic Society, vol. 126(590), pages 165-188, February.
- Dalton, Patricio S; Ghosal, Sayantan; Mani, Anandi, 2010. "Poverty and Aspirations Failure," CAGE Online Working Paper Series 22, Competitive Advantage in the Global Economy (CAGE).
- Dalton, P.S. & Ghosal, S. & Mani, A., 2011. "Poverty and Aspirations Failure," Other publications TiSEM 30b6aa68-cb90-42af-ba4d-1, Tilburg University, School of Economics and Management.
- Dalton, P.S. & Ghosal, S. & Mani, A., 2011. "Poverty and Aspirations Failure," Discussion Paper 2011-124, Tilburg University, Center for Economic Research.
- Svenja Flechtner, 2017. "Should Aspirations be a Matter of Policy Concern?," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 18(4), pages 517-530, October.
- Richard Montgomery, 1996. "Disciplining or protecting the poor? Avoiding the social costs of peer pressure in micro-credit schemes," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(2), pages 289-305.
- Jayati Ghosh, 2013.
"Microfinance and the challenge of financial inclusion for development,"
Cambridge Journal of Economics, Oxford University Press, vol. 37(6), pages 1203-1219.
- Jayati Ghosh, 2012. "Microfinance and the Challenge of Financial Inclusion for Development," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(67), pages 7-34, December.
- repec:wea:worler:v:2012:y:2012:i:1:p:2 is not listed on IDEAS
- Cass R. Sunstein & Richard H. Thaler, 2003. "Libertarian paternalism is not an oxymoron," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 48(Jun).
- Beatriz Armendáriz & Jonathan Morduch, 2010.
"The Economics of Microfinance, Second Edition,"
MIT Press Books,
The MIT Press,
edition 2, volume 1, number 0262014106, December.
- Beatriz Armendáriz & Jonathan Morduch, 2010. "The Economics of Microfinance, Second Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262513986, December.
- Duvendack, Maren, 2010. "Smoke and Mirrors: Evidence of Microfinance Impact from an Evaluation of SEWA Bank in India," MPRA Paper 24511, University Library of Munich, Germany.
- Bruno Crépon & Florencia Devoto & Esther Duflo & William Parienté, 2015.
"Estimating the Impact of Microcredit on Those Who Take It Up: Evidence from a Randomized Experiment in Morocco,"
American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 123-150, January.
- Bruno CREPON & Florencia DEVOTO & Esther DUFLO & William PARIENTE, 2014. "Estimating the impact of microcredit on those who take it up: Evidence from a randomized experiment in Morocco," LIDAM Discussion Papers IRES 2014012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Crépon, Bruno & Devoto, Florencia & Duflo, Esther & Parienté, William, 2014. "Estimating the impact of microcredit on those who take it up: Evidence from a randomized experiment in Morocco," CEPR Discussion Papers 9984, C.E.P.R. Discussion Papers.
- Bruno Crépon & Florencia Devoto & Esther Duflo & William Pariente, 2014. "Estimating the Impact of Microcredit on Those Who Take It Up: Evidence from a Randomized Experiment in Morocco," NBER Working Papers 20144, National Bureau of Economic Research, Inc.
- Abhijit Banerjee & Dean Karlan & Jonathan Zinman, 2015. "Six Randomized Evaluations of Microcredit: Introduction and Further Steps," American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 1-21, January.
- Abhijit Banerjee & Esther Duflo & Rachel Glennerster & Cynthia Kinnan, 2015.
"The Miracle of Microfinance? Evidence from a Randomized Evaluation,"
American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 22-53, January.
- Esther Duflo & Abhijit Banerjee & Rachel Glennerster & Cynthia G. Kinnan, 2013. "The Miracle of Microfinance? Evidence from a Randomized Evaluation," NBER Working Papers 18950, National Bureau of Economic Research, Inc.
- Banerjee, Abhijit & Duflo, Esther & Glennerster, Rachel & Kinnan, Cynthia, 2013. "The miracle of microfinance? Evidence from a randomized evaluation," CEPR Discussion Papers 9437, C.E.P.R. Discussion Papers.
- Havas, Attila, 2016. "Recent economic theorising on innovation: Lessons for analysing social innovation," MPRA Paper 77385, University Library of Munich, Germany.
- Manuela Angelucci & Dean Karlan & Jonathan Zinman, 2015.
"Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco,"
American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 151-182, January.
- Angelucci, Manuela & Karlan, Dean S. & Zinman, Jonathan, 2014. "Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco," CEPR Discussion Papers 9811, C.E.P.R. Discussion Papers.
- Manuela Angelucci & Dean Karlan & Jonathan Zinman, 2014. "Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco," NBER Working Papers 19827, National Bureau of Economic Research, Inc.
- Alessandro Tarozzi & Jaikishan Desai & Kristin Johnson, 2015. "The Impacts of Microcredit: Evidence from Ethiopia," American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 54-89, January.
- Richard H. Thaler & Cass R. Sunstein, 2003. "Libertarian Paternalism," American Economic Review, American Economic Association, vol. 93(2), pages 175-179, May.
- Chowdhury, Prabal Roy, 2007. "Group-lending with sequential financing, contingent renewal and social capital," Journal of Development Economics, Elsevier, vol. 84(1), pages 487-506, September.
- Marguerite S. Robinson, 2001. "The Microfinance Revolution," World Bank Publications - Books, The World Bank Group, number 28956, December.
- Robin Burgess & Rohini Pande, 2005.
"Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment,"
American Economic Review, American Economic Association, vol. 95(3), pages 780-795, June.
- Burgess, Robin & Pande, Rohini, 2003. "Do rural banks matter? Evidence from the Indian social banking experiment," LSE Research Online Documents on Economics 2244, London School of Economics and Political Science, LSE Library.
- Robin Burgess & Rohini Pande, 2004. "Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment," The Centre for Market and Public Organisation 04/104, The Centre for Market and Public Organisation, University of Bristol, UK.
- Robin Burgess & Rohini Pande, 2003. "Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 40, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Burgess, Robin & Pande, Rohini, 2004. "Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment," CEPR Discussion Papers 4211, C.E.P.R. Discussion Papers.
- Orazio Attanasio & Britta Augsburg & Ralph De Haas & Emla Fitzsimons & Heike Harmgart, 2015. "The Impacts of Microfinance: Evidence from Joint-Liability Lending in Mongolia," American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 90-122, January.
- Karoly Fazekas & Gyorgy Molnar (ed.), 2011. "The Hungarian Labour Market 2011," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2011.
- György Molnár, 2017. "Capability building combined with microcredit: the loan alone is insufficient," Journal of Social Entrepreneurship, Taylor & Francis Journals, vol. 8(3), pages 354-374, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Domenica Federico & Andrea Calzolari & Antonella Notte & Lucia Poletti & Matteo Solivo & Giulio Tagliavini, 2022. "Contextualizing Microcredit in Bosnia-Herzegovina and Hungary: A Focus Group Exploration," American Journal of Economics and Business Administration, Science Publications, vol. 14(1), pages 31-43, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Emily Breza & Cynthia Kinnan, 2018.
"Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis,"
Working Papers
id:12587, eSocialSciences.
- Emily Breza & Cynthia Kinnan, 2018. "Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis," NBER Working Papers 24329, National Bureau of Economic Research, Inc.
- Baulia, Susmita, 2019. "Take-up of joint and individual liability loans: An analysis with laboratory experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 82(C).
- N'dri, Lasme Mathieu & Kakinaka, Makoto, 2020. "Financial inclusion, mobile money, and individual welfare: The case of Burkina Faso," Telecommunications Policy, Elsevier, vol. 44(3).
- Susmita Baulia, 2017. "Take-up of joint and individual liability loans: an analysis with laboratory experiments," Discussion Papers 117, Aboa Centre for Economics.
- Julian Proctor & Paul Anand, 2017. "Is credit associated with a higher quality of life? A capability approach," Progress in Development Studies, , vol. 17(4), pages 322-346, October.
- Pedro Carneiro & Sokbae Lee & Daniel Wilhelm, 2020.
"Optimal data collection for randomized control trials [Microcredit impacts: Evidence from a randomized microcredit program placement experiment by Compartamos Banco],"
The Econometrics Journal, Royal Economic Society, vol. 23(1), pages 1-31.
- Carneiro, Pedro & Lee, Sokbae & Wilhelm, Daniel, 2016. "Optimal Data Collection for Randomized Control Trials," IZA Discussion Papers 9908, Institute of Labor Economics (IZA).
- Pedro Carneiro & Sokbae (Simon) Lee & Daniel Wilhelm, 2019. "Optimal Data Collection for Randomized Control Trials," CeMMAP working papers CWP21/19, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Pedro Carneiro & Sokbae (Simon) Lee & Daniel Wilhelm, 2017. "Optimal data collection for randomized control trials," CeMMAP working papers CWP15/17, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Pedro Carneiro & Sokbae Lee & Daniel Wilhelm, 2016. "Optimal Data Collection for Randomized Control Trials," Papers 1603.03675, arXiv.org, revised Aug 2016.
- Pedro Carneiro & Sokbae (Simon) Lee & Daniel Wilhelm, 2017. "Optimal data collection for randomized control trials," CeMMAP working papers CWP45/17, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Pedro Carneiro & Sokbae (Simon) Lee & Daniel Wilhelm, 2016. "Optimal data collection for randomized control trials," CeMMAP working papers CWP15/16, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- João Paulo Coelho Ribeiro & Fábio Duarte & Ana Paula Matias Gama, 2022. "Does microfinance foster the development of its clients? A bibliometric analysis and systematic literature review," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-35, December.
- Elikplimi K. Agbloyor & Simplice A. Asongu & Peter Muriu, 2021.
"Sustainability, Growth and Impact of MFIs in Africa,"
Working Papers of the African Governance and Development Institute.
21/083, African Governance and Development Institute..
- Agbloyor, Elikplimi & Asongu, Simplice & Muriu, Peter, 2021. "Sustainability, Growth and Impact of MFIs in Africa," MPRA Paper 111752, University Library of Munich, Germany.
- Elikplimi K. Agbloyor & Simplice A. Asongu & Peter Muriu, 2021. "Sustainability, Growth and Impact of MFIs in Africa," Research Africa Network Working Papers 21/083, Research Africa Network (RAN).
- Elikplimi K. Agbloyor & Simplice A. Asongu & Peter Muriu, 2021. "Sustainability, Growth and Impact of MFIs in Africa," Working Papers 21/083, European Xtramile Centre of African Studies (EXCAS).
- Dahal, Mahesh & Fiala, Nathan, 2020. "What do we know about the impact of microfinance? The problems of statistical power and precision," World Development, Elsevier, vol. 128(C).
- Meager, Rachael & Sturdy, Jennifer, 2017. "Aggregating Distributional Treatment Effects: A Bayesian Hierarchical Analysis of the Microcredit Literature," MetaArXiv 7tkvm, Center for Open Science.
- Manthos D. Delis & Fulvia Fringuellotti & Steven Ongena, 2020.
"Credit, Income, and Inequality,"
Staff Reports
929, Federal Reserve Bank of New York.
- Manthos D. Delis & Fulvia Fringuellotti & Steven Ongena, 2021. "Credit, Income, and Inequality," Liberty Street Economics 20210701, Federal Reserve Bank of New York.
- Meager, Rachael, 2022. "Aggregating distributional treatment effects: a Bayesian hierarchical analysis of the microcredit literature," LSE Research Online Documents on Economics 115559, London School of Economics and Political Science, LSE Library.
- Ahlin, Christian & Gulesci, Selim & Madestam, Andreas & Stryjan, Miri, 2020.
"Loan contract structure and adverse selection: Survey evidence from Uganda,"
Journal of Economic Behavior & Organization, Elsevier, vol. 172(C), pages 180-195.
- Ahlin, Christian & Gulesci, Selim & Madestam, Andreas & Stryjan, Miri, 2018. "Loan Contract Structure and Adverse Selection: Survey Evidence from Uganda," CEPR Discussion Papers 12742, C.E.P.R. Discussion Papers.
- Karlan, Dean & Osman, Adam & Zinman, Jonathan, 2016. "Follow the money not the cash: Comparing methods for identifying consumption and investment responses to a liquidity shock," Journal of Development Economics, Elsevier, vol. 121(C), pages 11-23.
- Nakano, Yuko & Magezi, Eustadius F., 2020. "The impact of microcredit on agricultural technology adoption and productivity: Evidence from randomized control trial in Tanzania," World Development, Elsevier, vol. 133(C).
- Rachael Meager, 2015. "Understanding the Impact of Microcredit Expansions: A Bayesian Hierarchical Analysis of 7 Randomised Experiments," Papers 1506.06669, arXiv.org, revised Jul 2016.
- Lucia Dalla Pellegrina & Giorgio Di Maio & Paolo Landoni & Emanuele Rusinà, 2021.
"Money management and entrepreneurial training in microfinance: impact on beneficiaries and institutions,"
Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(3), pages 1049-1085, October.
- Emanuele Rusinà & Lucia dalla Pellegrina & Giorgio di Maio & Paolo Landoni, 2015. "Money Management and Entrepreneurial Training in Microfinance: Impact on Beneficiaries and Institutions," Working Papers 296, University of Milano-Bicocca, Department of Economics, revised Mar 2015.
- Abhijit Banerjee & Emily Breza & Esther Duflo & Cynthia Kinnan, 2019.
"Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs?,"
NBER Working Papers
26346, National Bureau of Economic Research, Inc.
- Abhijit Banerjee & Emily Breza & Esther Duflo & Cynthia Kinnan, 2019. "Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs?," Discussion Papers Series, Department of Economics, Tufts University 0832, Department of Economics, Tufts University.
- Daniel Bjorkegren & Joshua Blumenstock & Omowunmi Folajimi-Senjobi & Jacqueline Mauro & Suraj R. Nair, 2022. "Instant Loans Can Lift Subjective Well-Being: A Randomized Evaluation of Digital Credit in Nigeria," Papers 2202.13540, arXiv.org.
- Ragui Assaad & Caroline Krafft & Shaimaa Yassin, 2020.
"Job creation or labor absorption? An analysis of private sector job growth in Egypt,"
Middle East Development Journal, Taylor & Francis Journals, vol. 12(2), pages 177-207, July.
- Ragui Assaad & Caroline Krafft & Shaimaa Yassin, 2018. "Job Creation or Labor Absorption? An Analysis of Private Sector Job Growth in Egypt," Working Papers 1237, Economic Research Forum, revised 14 Oct 2018.
More about this item
Keywords
microcredit; group lending; empowerment; poverty trap; aspiration trap; Roma minority;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
- O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MFD-2019-05-27 (Microfinance)
- NEP-TRA-2019-05-27 (Transition Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:has:discpr:1912. 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: . General contact details of provider: https://edirc.repec.org/data/iehashu.html .
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nora Horvath (email available below). General contact details of provider: https://edirc.repec.org/data/iehashu.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.