News

Researchers ran a large randomized credit information training program that described the existence and workings of the bureau to the clients of this lender. The results indicate that the credit bureau generated large efficiency gains for the lender, and that these gains were augmented when...

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...

Entrepreneurs in developing countries face a number of barriers to expanding their businesses and employing more workers, including limited access to credit and other financial services. In Colombia, researchers are investigating whether a regulatory reform that allows small and medium enterprises...

In Zambia, researchers examined the impact of access to seasonal credit on farming households’ consumption, labor allocation, and agricultural output. The results suggest that access to food and cash loans during the lean season increased agricultural output and consumption, decreased off-farm labor...

Researchers examined whether a simple, inexpensive information campaign could change students’ knowledge and perceptions about post-secondary education. When exposed to an informational video, students who had been initially unsure about pursuing higher education reported expectations of higher...