Papers and Presentations

Paper: Willingness to Pay for Insured Loans in Northern Ghana

This study from Ghana found that index insurance lowers overall demand for agricultural loans while farmers appear to prefer micro-level insurance over meso‐level insurance. The study also shows that farmers are willing to pay to avoid basis risk.

Paper: Poverty Traps and the Social Protection Paradox

This paper's model of consumption and asset accumulation shows that a hybrid social protection policy, which devotes resources to funding “state of the world contingent transfers” (SWCTs) to vulnerable, but non-poor households in the wake of negative shocks, can result in lower rates of poverty in the medium term than does a conventional cash transfer policy.

Paper: Credit Lines as Insurance: Evidence from Bangladesh

This study tests whether a new financial product that offers guaranteed credit access after a shock allows households to insure themselves against risk with a large-scale RCT involving 300,000 subjects in Bangladesh with one of the country’s largest microcredit institutions.