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Asset-based Microfinance in Pakistan

Faisal Bari
Kashif Malik
In Pakistan, researchers partnered with a microfinance institution to conduct a randomized evaluation to test how larger asset-based loans for purchasing business equipment, combined with flexible repayment options, affected business performance and household well-being. Business owners who received...

The Impact of Secondary Education on Economic Decision-Making in Malawi

Researchers evaluated whether randomly providing financial support for secondary education could improve economic decision-making in addition to educational outcomes for secondary school students in Malawi. Results show that the intervention improved educational outcomes and economic decision-making...

Sensitivity to Interest Rates and Account Ownership Requirements for a Commitment Savings Account in the Philippines

Researchers worked with First Valley Bank in the Philippines to evaluate the impact of varying the interest rate and account ownership requirements on demand for commitment savings accounts. While savings account take-up was 23 percent, neither the interest rates nor the ownership requirements...

The Impact of a Tax Holiday Lottery in Uruguay

Felipe Monestier
Rafael Piñeiro
Fernando Rosenblatt
Guadalupe Tuñón
Researchers tested in the case of Montevideo, Uruguay the impact of winning a tax holiday on subsequent tax compliance. Winners of the tax holiday lottery were 3 percentage points less likely to pay taxes in subsequent payment cycles, likely because the holiday disrupted the habit of tax paying, and...

Positive Psychology for Psychological Well-Being and Decision-Making in Kenya

In Kenya, researchers conducted a randomized evaluation to test the impact of a light-touch positive psychology intervention on psychological well-being and economic decision-making for low-income populations. The intervention had a positive impact on gratitude; however, it had no significant...