Papers and Presentations

Paper: Credit Demand Among Risk Sharing Groups Under Formal Insurance

This paper exploits a natural experiment wherein tens of thousands of microfinance borrowers across rural Haiti received a quasi-random value of insurance benefit in the aftermath of catastrophic hurricanes, and shows that greater insurance increased a beneficiary's demand for credit on the extensive margin, e.g. made formal lending relationships more durable.

Paper: Willingness to Pay for Insured Loans in Northern Ghana

Our results demonstrate that on average the sample population has a willingness to pay high enough to sustain a market viable insured loan product without subsidization with 56% of the target population expressing a willingness to pay for an insured loan at the market price.