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In “the text message capital of the world,” the Philippines, researchers tested the effect of text message reminders on client repayment rates. In contrast with previous research, they found that text message reminders did not increase repayment on average. Yet for repeat borrowers, who had known...

Researchers provided payday borrowers in the United States information about the true costs of payday loans in order to find out whether they would respond by changing their demand for the product. Better informed individuals reduced their demand significantly, suggesting that getting consumers to...

Researchers are conducting a randomized evaluation to test the impact of a nursing skills training program targeting female youth based in Assiut and Sohag, Egypt, on employment outcomes on the treated group and more importantly, their local social network.

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.