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In southern and eastern Ghana, researchers evaluated two youth financial literacy programs to test their impact on savings, labor, academic performance, and financial decision-making. One program integrated financial and social education, while the second only offered financial education. Both...

Researchers randomly provided more or less cash to garment-making firm owners in Ghana before a bargaining game to evaluate the impact of endowment on the negotiated sale price of a good. Owners of garment-making microenterprises with lower household liquidity agreed to lower sale prices during the...

In India, a biometrically authenticated payment system reduced corruption and substantially improved the delivery of government social assistance programs despite partial implementation.

Researchers conducted a randomized evaluation testing the impact of monthly cash transfers of $1,000 to low-income individuals in Texas and Illinois on household expenditures, debts and assets, and financial health. The study found that receiving the cash transfer increased spending by $310 per...

Researchers conducted a randomized evaluation to test the impact of providing financial literacy education alongside various marketing strategies to small-scale farmers in Gujarat, India, on their demand for rainfall index insurance. Financial education had a significant effect on adoption of...