Altruistic and business framing of financial assistance

Last registered on November 20, 2020

Pre-Trial

Trial Information

General Information

Title
Altruistic and business framing of financial assistance
RCT ID
AEARCTR-0006795
Initial registration date
November 20, 2020

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
November 20, 2020, 12:34 PM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

Region

Primary Investigator

Affiliation
UC Berkeley

Other Primary Investigator(s)

PI Affiliation
UC Berkeley

Additional Trial Information

Status
On going
Start date
2020-11-20
End date
2021-11-19
Secondary IDs
Abstract
In this study, we estimate the effectiveness of the COVID-19 assistance package depending on the altruistic or business-motive framing
of the assistance package. The package consists of credit relief, direct cash transfers, and business training. We establish the causal impact of framing on the success of the package and each component of the package separately via a combination of randomization and natural-experimentation via discontinuities in the formulas determining the size of the financial assistance.
External Link(s)

Registration Citation

Citation
Iyer, Ganesh and Przemyslaw Jeziorski. 2020. "Altruistic and business framing of financial assistance." AEA RCT Registry. November 20. https://doi.org/10.1257/rct.6795
Sponsors & Partners

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Experimental Details

Interventions

Intervention(s)
Participants are divided into two random arms. Arm 1 receives an altruistic framing of the relief package, Arm 2 receives a business-relationship framing of the relief package. Relief arms are overlayed over 5 arms that vary the timing of each portion of the package, that is financial relief, and business training, to identify the interaction of framing and type of assistance.
Intervention Start Date
2020-11-20
Intervention End Date
2021-01-02

Primary Outcomes

Primary Outcomes (end points)
Company profits, employment, survival, expectations about future, prices, wholesale orders, adoption of business practices,
credit utilization, investment
Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
Participants are divided into two random arms. Arm 1 receives an altruistic framing of the relief package, Arm 2 receives a business-relationship framing of the relief package. Relief arms are overlayed over 5 arms that vary the timing of each portion of the package, that is financial relief, and business training, to identify the interaction of framing and type of assistance.
Experimental Design Details
Randomization Method
Randomization on the office computer stratified by wholesale distributor, size of the store, credit limit, and other financial indicators.
Randomization Unit
Individual firms
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
12786
Sample size: planned number of observations
12786
Sample size (or number of clusters) by treatment arms
12786

Name Count Frequency
Altruistic 6392 0.499922
Business 6394 0.500078
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
IRB

Institutional Review Boards (IRBs)

IRB Name
UC Berkeley CPHS
IRB Approval Date
2018-07-23
IRB Approval Number
2018-04-11050

Post-Trial

Post Trial Information

Study Withdrawal

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Intervention

Is the intervention completed?
No
Data Collection Complete
Data Publication

Data Publication

Is public data available?
No

Program Files

Program Files
Reports, Papers & Other Materials

Relevant Paper(s)

Reports & Other Materials