Contract Design in Insurance Groups.

In many rural settings, informal mutual support networks have evolved into semiformal insurance groups, such as funeral societies. Using detailed panel data for six villages in Ethiopia, we can distinguish two types of contracts, in terms of whether payments are only made at the time of death or sav...

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Bibliographic Details
Main Authors: Bold, T, Dercon, S
Format: Working paper
Language:English
Published: CSAE (University of Oxford) 2009