@TechReport{iza:izadps:dp10046,
            	author={Kahn, Azhar and Rahman, Twyeafur and Wright, Robert E.},
            	title={The Impact of Micro-Credit on Employment: Evidence from Bangladesh and Pakistan},
            	year={2016},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={10046},
            	url={https://www.iza.org/publications/dp10046},
	abstract={This paper examines the impact of micro-credit on employment. Household-level data was collected, following a quasi-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared: Current borrowers; Pipeline borrowers and Non-borrowers. Pipeline borrowers are included to control for self-selection effects. It is argued that micro-credit causes a substitution of employment away from employment-for-pay to self-employment. Therefore, the effect on total employment is ambiguous. OLS and fixed effects regression are used to examine separately self-employment and employment-for-pay between three groups of borrowers. For Pakistan, there is no evidence that micro-credit effects employment. However, for Bangladesh, there is robust evidence consistent with this hypothesis.},
	keywords={micro-credit;poverty;self-employment},
            }