News

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.

In India, researchers conducted a randomized evaluation to test the impacts of providing long-range, seasonal weather forecasts on farmers’ investments on and off the farm, and their well-being. They found that farmers who had access to the forecast updated their beliefs about the upcoming...

In this randomized evaluation, researchers will test the impact of a large-scale leadership training program in India on improving school management practices and student learning. The intervention is ongoing, and results are forthcoming.

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...