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Researchers offered market vendors and bicycle taxi drivers in rural Kenya the opportunity to open a savings account at no cost. The formal savings accounts increased savings, productive investments, and expenditure levels among female micro-entrepreneurs, but not among males.

In this evaluation, researchers seek to understand if a purely psychological savings product, which encourages customers to earmark account funds for a specific financial goal, increases savings rates. Preliminary results found that customers with a labeled Susu savings account have more total...

Researchers evaluated the effect of the framing of potential investment options on people's investment in life annuities. They found that individuals were more likely to prefer an annuity when their options emphasized future consumption, rather than framing options in terms of investments. These...

Researchers distributed vouchers for antimalarial drugs and malaria rapid diagnostic tests, redeemable at four local drug shops in Western Kenya. Taking some subsidy money away from antimalarial drugs and putting it towards subsidizing and promoting rapid diagnostic testing could improve targeting.

Researchers conducted a randomized evaluation testing the impact of monthly cash transfers of $1,000 to low-income individuals in Texas and Illinois on household expenditures, debts and assets, and financial health. The study found that receiving the cash transfer increased spending by $310 per...

In northern Nigeria, researchers evaluated the impact of three community-based interventions designed to enhance uptake of maternal and child health services: a community health worker program, health educators with the provision of safe birth kits, and health educators with community dramas. While...