Cai, Hongbin; Chen, Yuyu; Fang, Hanming; Zhou, Li-An - In: The Review of Economics and Statistics 2 (2015) 97, pp. 287-300
We report results from a large, randomized field to study how access to formal microinsurance affects production and economic development. We induce exogenous variation in insurance coverage at the village level by randomly assigning performance incentives to the village animal husbandry worker...