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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 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.

Researchers conducted a randomized evaluation to investigate whether an expanded and more thorough version of an orientation program in the Philippines improved socioeconomic outcomes and facilitated settlement for migrants upon moving to the United States. The research team found that though the...