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Floods are an extremely destructive and increasingly common threat to rural agricultural households in countries without strong social safety nets. Researchers conducted a randomized evaluation to study the welfare impacts of a new microcredit product which guarantees credit access to agricultural...

Working with local government leaders and agricultural extension agents, the researcher is conducting a randomized evaluation to test the impact of promoting a mechanization technology. Uniquely, the researcher will closely track how employment shifts for women who formerly did the mechanized work.

In Nigeria, researchers worked with a financial service provider to evaluate the impact of digital loans on welfare. Being approved for the loans increased subjective well-being after three months, for applicants who normally would have been denied.

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...