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Researchers evaluated how microcredit clients in South Africa responded to changes in loan terms. They found that clients adapted both their demand and compliance based on loan terms, and were particularly sensitive to above-average interest rates.

Researchers conducted a randomized evaluation in Colombia to assess the effects of emergency cash assistance on the well-being of households. Recipients of the UCT experienced improved financial health, food access, and psychological well-being. Colombia’s newly implemented mobile money system...

Can monetary incentives induce rural farmers to migrate to cities and pursue seasonal labor opportunities during times of famine?

Across six randomized evaluations, researchers studied the impact of low-cost, low-touch informational interventions, or “nudges,” on take-up of the federal and state Earned Income Tax Credit (EITC) in California. None of the interventions had an impact on EITC take-up, suggesting that information...

In low- to middle-income countries around the world, nearly one billion people lived in urban informal settlements as of 2018. Rapid urbanization in most large African cities has led to both more people and a higher proportion of people living in informal settlements over time. Researchers conducted...