Banerjee, Abhijit; Duflo, Esther; Hornbeck, Richard - In: American Economic Review 104 (2014) 5, pp. 291-97
Microfinance institutions have started to bundle their basic loans with other financial services, such as health insurance. Using a randomized control trial in Karnataka, India, we evaluate the impact on loan renewal from mandating the purchase of actuarially-fair health insurance covering...