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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...

More than two billion people around the world lack access to clean drinking water, and current approaches to increasing access have fallen short. Researchers conducted a randomized evaluation to test the impact of delivering clean water directly to households on the valuation of clean water, and...

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...

Researchers evaluated the impact of cognitive behavioral therapy (CBT) and cash transfers on functional impairment (or difficulty performing daily tasks), depression, and food security among adults 55 and older living alone in Tamil Nadu, India. At a three-week follow-up, cash transfers improved...

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...

Mental health, well-being, and lasting economic outcomes are intimately connected, and in conflict-affected areas, entrepreneurs of small- and medium-sized enterprises (SME) experience chronic stress and poor mental health on a regular basis. Researchers evaluated the effects of supplementing a cash...

Researchers evaluated the impacts of increased exposure to financial markets on participants’ financial literacy and investment behavior in Israel, and found it reduced the gender gap in financial literacy and confidence. They found that engaging in financial markets increased participants'...

Low-income populations throughout the world often consume very few calories. At the time of this intervention in 2013, over 800 million people globally consumed fewer calories than were recommended to maintain a healthy weight. However, the impact of low caloric intake on economic productivity is...