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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...

Do Workers Value Non-traditional Work Arrangements in the United States?

Employees may value alternative work arrangements like flexible scheduling and working from home and dislike schedules that vary from week to week on short notice. However, there is little evidence on how much these alternative work arrangements actually matter to employees. Researchers gave US job...

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...

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...

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...