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Researchers conducted a randomized evaluation testing the impact of monthly cash transfers of $1,000 to low-income individuals in Texas and Illinois on household expenditures, debts and assets, and financial health. The study found that receiving the cash transfer increased spending by $310 per...

Researchers analyzed the introduction of microcredit programs in parts of rural Ethiopia to evaluate the effect of improved credit access on economic and social outcomes. They found that introducing microcredit programs increased the frequency of borrowing and amount borrowed by rural households in...

In India, researchers randomly assigned microfinance clients to monthly or weekly meeting schedules to test whether more frequent meetings could build social capital. They found that weekly meetings lead to higher levels of social interaction that continued beyond the initial loan cycle, which...

Youth living in poor urban areas face a number of psychological and social barriers to finding work. In France, over 40 percent of these youth are unemployed, twice as much the national youth unemployment rate. Researchers partnered with the French Public Employment Services to test the...