| 1. |
- Belissa, T., et al.
(författare)
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Liquidity constraints, informal institutions, and the adoption of weather insurance: A randomized controlled Trial in Ethiopia
- 2019
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Ingår i: Journal of Development Economics. - : Elsevier BV. - 0304-3878. ; 140, s. 269-278
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Tidskriftsartikel (refereegranskat)abstract
- We report the results of a drought insurance experiment in Ethiopia, and examine whether uptake of index-based insurance is enhanced if we allow farmers to pay after harvest (addressing a liquidity constraint). We also test to what extent uptake can be enhanced by promoting insurance via informal risk-sharing institutions (Iddirs), to reduce trust and information problems. The delayed payment insurance product increases uptake substantially when compared to standard insurance, from 8% to 24%, and leveraging informal institutions results in even greater uptake (43%). We also find suggestive evidence that the delayed premium product is indeed better at targeting the liquidity constrained. However, default rates associated with delayed payments are relatively high and concentrated in a small number of Iddirs – potentially compromising the economic viability of the novel product. We discuss how default rates can be reduced. © 2019 Elsevier B.V.
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| 2. |
- Gangopadhyay, Shubhashis, et al.
(författare)
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Asymmetric group loans, non-assortative matching and adverse selection
- 2014
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Ingår i: Economics Letters. - : Elsevier BV. - 0165-1765. ; 124:2, s. 185-187
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Tidskriftsartikel (refereegranskat)abstract
- This paper shows that an asymmetric group debt contract, where one borrower co-signs for another, but not vice versa, leads to heterogeneous matching. The analysis suggests that micro finance organizations can achieve the first best by offering asymmetric group contracts. © 2014 .
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| 3. |
- Gangopadhyay, Shubhashis, et al.
(författare)
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Cash or In-kind Transfers? Evidence from a Randomised Controlled Trial in Delhi, India
- 2015
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Ingår i: Journal of Development Studies. - : Informa UK Limited. - 0022-0388 .- 1743-9140. ; 51:6, s. 660-673
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Tidskriftsartikel (refereegranskat)abstract
- This article examines a randomised intervention in Delhi, India, that provided unconditional cash transfers to a group of households as a replacement for the food security offered by a below-poverty-level card. The experimental approach can differentiate beneficial effects due to either unconditional cash transfers or newly opened bank accounts. The unconditional cash transfer does not induce a decline in food security; rather, it provides opportunities for households to shift to other nutritious options in non-cereal product categories.
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