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Displaying 49-55 of 55

Graduating Low-Income Households in Honduras

To test this theory, researchers in six countries evaluated a multi-faceted approach aimed at improving long term income of low-income households. They found that the approach had long-lasting economic and self-employment impacts and that the long-run benefits, measured in terms of household...

Using Behavioral Economics to Help Individuals Reduce Debt in the United States

Researchers designed and piloted a program called Borrow Less Tomorrow (BoLT) that took a behavioral approach to debt reduction, combining an accelerated loan repayment schedule with peer support and reminders. Results from a sample of free tax-preparation clients in Tulsa, United States suggest a...

Improving Financial Access through Microcredit for Women in Mexico

Researchers expanded microcredit offerings in Sonora, Mexico to evaluate the effect of improved credit access on economic and social outcome. They found that microcredit increased access to formal financial services and enabled some businesses to expand, but did not increase household income or...

Expanding the Earned Income Tax Credit for Workers without Dependent Children in the United States

MDRC partnered with NYC Opportunity, the NYC Human Resources Administration and Food Bank for NYC to design, implement, and evaluate the program. MDRC researchers found that three years of Paycheck Plus in New York City increased income, employment, tax credit receipt, and payment of child support...

Can reframing large debt burdens into smaller goals help individuals reduce debt?

Researchers have partnered with a non-profit debt management provider and IPA to evaluate whether reframing difficult, long-lasting tasks, such as paying off large debts, into more easily-attainable “sub-goals” can help borrowers accomplish their goals of debt repayment and increase client retention...