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Researchers conducted a randomized evaluation to test the impact of a financial literacy interactive voice response campaign on loan outcomes. The intervention boosted knowledge and slightly improved loan repayment, but it also raised loan demand, increasing the overall risk of default.

Researchers partnered with a local non-profit, Walter, to evaluate the effectiveness of two school-based social cohesion interventions for immigrants’ children in Finnish schools.

In many countries, rural populations access social services through decentralized systems that hire community-based workers with high monitoring needs, leaving little time for supervisors to perform other essential functions. Researchers are evaluating the impact of a phone-based e-monitoring app...

Researchers offered market vendors and bicycle taxi drivers in rural Kenya the opportunity to open a savings account at no cost. The formal savings accounts increased savings, productive investments, and expenditure levels among female micro-entrepreneurs, but not among males.

Researchers evaluated the effect of the framing of potential investment options on people's investment in life annuities. They found that individuals were more likely to prefer an annuity when their options emphasized future consumption, rather than framing options in terms of investments. These...