1. Lending a Hand: A Quantile Regression Analysis of Micro-Lending's Poverty Impact
- Author:
- Stephen W. Polk and Daniel K.N. Johnson
- Publication Date:
- 12-2009
- Content Type:
- Working Paper
- Institution:
- Department of Economics and Business, Colorado College
- Abstract:
- By one definition, the mean of the national poverty lines for the 10 poorest countries in the world or $1.25/day (2005 USD adjusted to purchasing power parity), the World Bank estimates that there are 1.4 billion people living under the poverty line (Chen and Ravallion, 2008). That represents a significant drop over the last twenty years, some due to policy and some due to concerted private action. Among private anti-poverty programs, none has become more publicized in recent years than micro-finance, or financial services targeting low-income clients.
- Topic:
- Economics, Gender Issues, and Poverty
- Political Geography:
- United States