findings show that risk preferences have a significant impact on health insurance enrollment, with risk averse individuals …This paper analyzes the determinants of health insurance enrollment and health expenditure in Ghana using micro data … from wave 7 of the Ghana Living Standards Survey (GLSS 7) with emphasis on the role of risk preferences and the …

There is little evidence on how the large market for credit score improvement products affects consumers or credit … market efficiency. A randomized encouragement design on a standard credit builder loan (CBL) identifies null average effects … on whether consumers have a credit score and the score itself, with important heterogeneity: those with loans outstanding …

are some households that do not face idiosyncratic undiversifiable risk. Our sufficient statistics methodology allows for …

accumulation in which households face idiosyncratic income risk and cannot commit to repay their debt. Therefore, even though a … equilibrium features imperfect insurance and a non-degenerate cross-sectional consumption distribution. When household labor … which limits to consumption insurance emerge endogenously due to limited commitment …

The impact of exposure to a major unanticipated natural disaster on the evolution of survivors' attitudes toward risk … to take on risk relative to those not directly exposed to the tsunami. These differences are short-lived: starting a year … later, there is no evidence of differences in willingness to take on risk between the two groups. These conclusions hold for …