News

In the Dominican Republic, researchers investigated families’ perceptions of the returns to education and whether providing information on the actual returns to education would change their schooling decisions. They found that students significantly underestimated the returns to secondary education...

Financial access in South Africa has expanded rapidly in recent years and policymakers have identified financial education as a means to improve financial literacy and inclusion. To test this, researchers evaluated the impact of a financial literacy workshop on miners’ financial understanding...

Researchers conducted a randomized evaluation in Rwanda to examine how important aspects of cultural practice do or do not change in the wake of exposure to media messages delivered through a radio soap opera drama. While the radio program had little effect on changing individual beliefs and...

Kenya, East Africa's largest economy, is struggling with an ageing energy infrastructure and low connectivity to the power grid. William Jack and affiliate Tavneet Suri (MIT) study the impact of off-grid solar power on small retailers in Nairobi.

Credit-building loan products (CBLs) have begun to proliferate in the U.S. marketplace, but there is little evidence on the effects of these products on consumers and lenders. IPA and RAND worked with researchers to evaluate the impacts of a CBL offered at a credit union in Missouri, both alone and...

Researchers evaluated the effect of social pressure to share income on farmers’ spending decisions by varying whether income from large cash prizes was received in a public or private setting. Receiving prize money in a public setting induced individuals to spend one-third more of their money in the...