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The Effect of Higher Credit Card Interest Rates on Borrowers’ Demand and Debt in the UK

Gyöngyi Lóránth
Researchers studied the effects of a credit card interest rate increase among low-income subprime borrowers in the UK to assess its impact on credit card demand, overall indebtedness, and borrowers’ ability to pay. They found that following the rate hike, subprime borrowers who appeared to be more...

Smart Meters: Do Prices Matter to Their Adoption and Do They Save Energy?

Michael Price
Researchers conducted a randomized evaluation to test the impact of financial incentives on the take-up of energy-efficient smart meters and subsequent energy use in partnership with British Gas. While offering incentives increased smart meter adoption, customers did not reduce their energy...

The Role of Extrinsic and Intrinsic Motivations for Tax Compliance in Germany

Researchers partnered with a Protestant church district in metropolitan Bavaria, Germany, to conduct a field experiment to reveal taxpayers’ motivations to comply with a local church tax. Researchers found that simplifying the tax notification, highlighting the possibility of tax enforcement, and...

The Impact of Exposure to Discordant Media on Political Polarization in Turkey

Ahmet Akbiyik
Jeremy Bowles
Researchers evaluated the impact of exposure to and incentives to consume discordant media on political attitudes and behaviors in Turkey. Participants changed their media consumption habits, trusted discordant media sources more, and had less polarized attitudes towards the government, but did not...