News

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 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.