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Impacts of Flexible Loans on Borrower Behavior and Microenterprise Outcomes in Colombia

Lasse Brune
Xavier Giné
Researchers evaluated the impact of a flexible microloan product on new clients' repayment behavior, business outcomes, and client satisfaction. The results showed that the flexible loan led to some shifts in investment behavior but had no average impact on revenue or profits and led to higher...

The Impact of Encouragement and Assistance on Benefits Take-Up in the United States

Most eligible workers who receive the Earned Income Tax Credit (EITC), a cash transfer program geared toward low-income workers with dependents, receive the credit as an annual lump sum payment, even though they are eligible to receive the credit in the form of monthly disbursements throughout the...

A Multifaceted Approach to Increase Women’s Empowerment in the Democratic Republic of Congo

Researchers evaluated a multifaceted program for women experiencing extreme poverty in the Democratic Republic of Congo, a region facing protracted conflict. The intervention had positive and enduring effects on women’s consumption, employment, finances, and empowerment, and small positive impacts...

Sending Text Messages to Parents to Improve Student Achievement in Middle and High Schools in the United States

A randomized evaluation of the text alert program showed that the intervention reduced course failures, increased class attendance and improved in-class exam scores. The effects are larger for students with below-average GPAs and students in high school, and positive effects persist into the second...

The Effect of Higher Credit Card Interest Rates on Borrowers’ Demand and Debt in the UK

Gyöngyi Lóránth
Researchers studied the effects of a credit card interest rate increase among low-income subprime borrowers in the UK to assess its impact on credit card demand, overall indebtedness, and borrowers’ ability to pay. They found that following the rate hike, subprime borrowers who appeared to be more...

The Effect of Health Insurance on Child Labor in Pakistan

As of 2016, an estimated 151.6 million children aged 5 to 17 were engaged in child labor globally. For low-income households, economic shocks such as expensive accidents or illness are important determinants of child labor, as parents might have to send children to work for additional income...

Anonymity or Distance? Removing Obstacles to Youth Employment in Urban Ethiopia

Researchers evaluated and compared the impact of two different job search assistance policies on employment outcomes for young job seekers in Addis Ababa. Helping youth signal their skills to employers improved their earnings and job duration four years later, especially for youth who would usually...