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Formal Rainfall Insurance for the Informally Insured in India

Mark Rosenzweig
Researchers evaluated how informal insurance within Indian sub-castes affects the demand for formal rainfall insurance, and subsequent risk-taking among households employed in agriculture. Informal insurance both increased and decreased the demand for formal rainfall insurance, depending on the...

The Oregon Health Insurance Experiment in the United States

Heidi Allen
Mira Bernstein
Jonathan Gruber
Joseph P. Newhouse
Eric Schneider
Jae Song
Bill Wright
Alan Zaslavsky

The Impact of Delayed Wage Payments on Spending and Investment in Malawi

Lasse Brune
Qingxiao Li
Researchers conducted a randomized evaluation to test the impact of paying workers on a weekly basis or in one lump sum, as well as of receiving payments in contexts with greater temptation to spend, on their spending and investment decisions. Workers assigned to receive lump-sum wages were more...