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Is Digital Credit Filling a Hole or Digging a Hole? Evidence from Malawi

Researchers conducted a randomized evaluation to test the impact of a financial literacy interactive voice response campaign on loan outcomes. The intervention boosted knowledge and slightly improved loan repayment, but it also raised loan demand, increasing the overall risk of default.

Information and Price Variations to Reduce Residential Energy Use in the United States

Researchers evaluated the effects of introducing price increases during peak periods and also real-time information about electricity usage to residential customers in the United States. Households that received feedback about usage reduced consumption and individuals were more responsive to pricing...

The Impact of Encouraging Mobile Money Use on Women’s Empowerment in Tanzania

Supporting women’s empowerment, the ability for women to control their resources and make their own choices, is a common policy goal both as its own outcome and as a vehicle to drive other change like improving children’s health and education. Many empowerment programs have targeted women’s income...