Microfinancing in Bangladesh: Impact on households, consumption and welfare

被引:69
作者
Mahjabeen, Rubana [1 ]
机构
[1] Univ Kansas, Dept Econ, Lawrence, KS 66045 USA
关键词
Microfinance institutions; Commercial banks; Real-financial computable general equilibrium model; Bangladesh;
D O I
10.1016/j.jpolmod.2007.12.007
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the welfare and distributional implications of microfinance institutions (MFIs) in Bangladesh in a general equilibrium framework. The major findings are that MFIs raise income and consumption levels of households, reduce income inequality and enhance welfare. This implies that microfinance is an effective development strategy and has important policy implications regarding poverty reduction, income distribution and achievement of millennium development goals (MDGs). (c) 2008 Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:1083 / 1092
页数:10
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