Plausibly Exogenous [1633] - Rural Poverty (07/23/2024)

LHS Variable
Rural poverty

RHS Variable
Rural Banks

Source of Exogenous Variation
Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in a location with one or more bank branches only if it opens four in locations with no bank branches.

- Burgess and Pande (2005), “Can rural banks reduce poverty? Evidence from the Indian social banking experiment”