Depending on your project, your research design may need to incorporate an emphasis on the entire causal pathway to impact. This assessment would use both qualitative and quantitative research methods to explore not only whether impacts occur, but how and why they occur. You may want to look specifically at how people use financial services and how such use affects the impact on clients, households, and enterprises. Your research may cover a wide variety of innovations, countries and levels of analysis.
Your project may require a mixed-methods approach, employing qualitative and quantitative methods with experimental, quasi-experimental, and non-experimental designs.
Below is a brief description of each research tool that can be used:
Deep Dive
Deep dive methodology is a framework combining quantitative and qualitative methods and tools to elicit in-depth information from the same subject. The methodology can also be applied for a randomized control trial (RCT) sample, or a non-random sample. [...]
When looking at your research strategy, first narrow your interest to a key topic or two and dissect a few key studies on your topic of interest. Identify the questions in those few studies and whether they conclude with new questions for future research. In the last phase, examine another group of scientific studies on the same topic. They might provide support for your potential questions or even suggest means of sharpening them.
State your proposition so that you can focus on what needs to be examined within the scope of study. For example, you may think that delegating bank regulation to the market forces is worthwhile. This proposition is your guide to where you can search for related proof to define and determine the extent of advantages to banks.
Research Design
A research design describes the way an investigator puts a research study together to solve a question or a list of questions. It works as an organized plan detailing the study, the researchers’ method of gathering data, information on how the study will get to its conclusions and the limitations of the research. A research design is not restricted to a specific type of research and may include both quantitative and qualitative analysis. [...]
Research is the systematic, rigorous investigation of a situation or problem in order to generate new knowledge or validate existing knowledge.
Qualitative and Quantitative research
All research can be classified into two groups: qualitative and quantitative research
Qualitative research deals with phenomena that are difficult or impossible to quantify mathematically, such as beliefs, meanings, attributes, and symbols. Qualitative research investigates the why and how of decision making, not just the what, where and when. [...]
