Microcredit in Morocco: Uncovering Who Benefits Most for Effective Policy.
Randomized experiments were conducted in Morocco to study the effects of microcredit on individuals in different villages. The researchers found that the impact of microcredit varied among different groups of people, showing that not everyone benefited in the same way. By using statistical methods, they were able to estimate individual treatment effects based on specific characteristics within each subgroup. This information can help policymakers evaluate the effectiveness of implementing policies like microcredit in rural areas.