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In Pakistan, researchers partnered with a microfinance institution to conduct a randomized evaluation to test how larger asset-based loans for purchasing business equipment, combined with flexible repayment options, affected business performance and household well-being. Business owners who received...

In the context of a recent government policy that reduced costs of formalization, researchers provided information on the formal entry process through workshops and personalized visits to determine the impacts of information on firms’ decision to formalize.

Researchers evaluated whether the ethnicities of wholesale buyers and sellers in Chennai, India, affected the transaction terms. They found that traders offered lower prices to buyers of the same ethnicity, but not necessarily because they trusted them more.

Researchers evaluated the impact of additional investments in agriculture on income for subsistence farmers. In rural Mali, giving some farmers unrestricted cash grants led to significantly higher productivity and profits, suggesting farmers would invest more in their farms if they had more capital.