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Researchers investigated whether a financial literacy program improved financial knowledge and practices, and increased financial service use among low-income individuals in South Africa. Offering a training improved knowledge about budgeting, increased self-reported savings, and reduced loan...

To understand the causal impact of poverty reduction on children’s health, nutrition, sleep, and healthcare utilization, among other outcomes, researchers randomly assigned new mothers to receive an unconditional cash transfer of $333 (high-cash group) or $20 per month (low-cash group) in the Baby’s...

Researchers measured the impact of a government apprenticeship program for youth in Ghana on wages, employment, skills, fertility, migration, and other outcomes. The results suggest that apprenticeship programs can provide youth with skills and transition them into self-employment.

Researchers conducted two randomized evaluations in India in which they identified effective individuals for information sharing ("gossips") through word-of-mouth. They found that information was disseminated more widely when shared by individuals nominated by others in their community, rather than...

In partnership with a mobile network operator launching a new phone-based savings account, researchers evaluated the role of defaults and financial incentives on savings decisions. Two months after the launch of the phone-based savings account, the company’s employees randomly assigned a default...