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The Impact of Long-Range Weather Forecasts for Farmers’ in India

In India, researchers conducted a randomized evaluation to test the impacts of providing long-range, seasonal weather forecasts on farmers’ investments on and off the farm, and their well-being. They found that farmers who had access to the forecast updated their beliefs about the upcoming...

Performance Incentives for Commercial Bank Loan Officers to Improve Effort on Risk-Assessment and Lending Decisions in India

Martin Kanz
Leora Klapper
Researchers partnered with a commercial bank in India to study the effect of paying loan officers according to the performance of their loans on the quality of their lending decisions. Loan officers working under this incentive scheme exerted greater screening effort, approved fewer loans, and...