News

In the United States, researchers evaluated the impact of the mandatory-participation bundled payment model for hospitals and explored which hospitals were incentivized to opt in to bundled payments after the model was later made voluntary. The mandatory-participation bundled payment program...

In collaboration with PRISMA, a Peruvian NGO offering credit through village banks, researchers designed and implemented a new loan product, which required new clients to be sponsored by existing clients, to measure the relative importance of social networks and prices for borrowing in shantytowns...

Following the implementation of a policy mandating lower-caste representation in some local village councils in India, researchers evaluated how lower-caste presidents invested in and distributed goods. They found that disadvantaged lower-caste groups received more public goods in councils with an...

Researchers tested two features of these contracts, repayment frequency and the time of the first repayment, to determine if characteristics of the loan contract affect borrowers’ repayment behavior and the types of investments they make. They found that less frequent repayments did not increase...

Researchers in northern Ghana conducted a randomized evaluation to assess the underlying reason for underinvestment by examining the relative effectiveness of cash grants and insurance grants in improving crop yields. Results suggest that uninsured risk, rather than a lack of capital, was the...

In Malawi, researchers examined the effect of bundling rainfall index insurance with a credit program on farmers’ demand for credit. They found that bundling insurance with credit reduced the demand for credit, from 33 percent for credit alone to 17.6 percent for the bundled product.

Researchers are evaluating the effect of an ownership assistance program on residents’ income, assets, and general financial behavior.

In Ghana, researchers worked with a bank that provides services to low-income customers with limited access to mainstream banking to evaluate the impact of sending pre-recorded informational voice calls and text messages on the adoption of mobile banking. Clients that received messages encouraging...