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Group Versus Individual Liability in the Philippines

Xavier Giné
In this study, researchers randomly selected existing group-lending centers to convert to an individual liability model. They found no difference in repayment rates between individuals assigned individual liability and those assigned group liability, no change in overall profitability for the bank...

Futures Prices and Risk Hedging in Gujarat, India

Researchers conducted a randomized evaluation to measure the impact of a crop price awareness program on reducing price uncertainty and promoting forward-looking planting decisions among farmers in India.

Peer Effects, Alcohol, and College Roommates in the United States

Researchers conducted a randomized evaluation to measure the impact of having a roommate who drank alcohol frequently before college on college students' grade point averages (GPAs). Results show that, while female students' GPAs were not affected by their roommate's drinking prior to college, male...