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Researchers provided payday borrowers in the United States information about the true costs of payday loans in order to find out whether they would respond by changing their demand for the product. Better informed individuals reduced their demand significantly, suggesting that getting consumers to...

In partnership with Simón de Cirene, a Chilean non-profit organization, researchers evaluated the impact of providing role models and personalized assistance through various delivery methods on the business outcomes of micro-entrepreneurs. One year after the program ended, household income increased...

Researchers conducted a randomized evaluation to measure the impact of offering subsidies to connect to the power grid on the demand for rural electrification in Kenya. The study finds that demand falls rapidly as connection price increases, and that supply costs are very high.