This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a lab-in-the-field experiment conducted in Cambodia. Half...

This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a lab-in-the-field experiment conducted in Cambodia. Half...

Insurance coverage in the developing world is expanding rapidly. As recently as 2005, only a small number of commercial insurers offered insurance products that specifically targeted low-income people ('microinsurance'). Seven years later, in 2012, more than half of the world's 50 largest...

This paper studies the role of expected neediness for the formation of mutual support arrangements between households. I predict that under strategic link formation in the context of risk-sharing, households with fewer resources and thus a higher probability to become needy have a higher...

Insurance coverage in the developing world is expanding rapidly. As recently as 2005, only a small number of commercial insurers offered insurance products that specifically targeted low-income people (‘microinsurance’). Seven years later, in 2012, more than half of the world’s 50 largest...

Access to electricity is typically the main benefit associated with solar panels, but in economically less developed countries, where access to electricity is still very limited, solar panel systems can also serve as means to generate additional income and to diversify income sources. We analyze...

"The job of a 'measure' or an 'index' is to distill what is particularly relevant for our purpose,and then to focus specifcally on that... That is not an easy task." Sen (1989). And that is precisely our aim. In this paper, a measurement for multidimensional exposure to Stephan Klasen is...

We study repayment and delinquency in an innovative loan contract that offers borrowers a wide range of flexibility. Using a large administrative dataset, we perform unsupervised pattern analysis to study how borrowers repay within the framework of this loan. We identify eight clusters that can...

We combine phone-survey data from 2,200 students collected in July-August of 2020 with student-level administrative data from 54 schools in four Northwestern provinces of Cambodia to investigate the implications of the COVID-19 pandemic for grade 9 students. These students were particularly...