Households are willing to pay for public health insurance, but those who pay to enrol have higher average costs than those who enrol when insurance is free. How then should governments set premiums for health insurance given the high costs of raising...

Demand for insurance is high even at the actuarially fair price and receiving it alongside peers increases utilisation, yet health effects are elusive

It is well-known that risk-sharing networks can smooth shocks, but local production networks can also propagate shocks; policy should consider both

The introduction of financial institutions in communities may generate long-lasting externalities, including losses in informal social linkages

Microfinance has potentially transformative impacts for some entrepreneurs, especially those who otherwise would be stuck in a poverty trap

Government policies that facilitate internal migration not only drive economic growth, but also improve the welfare of rural households

Revoking access to microcredit was costly – and not just for the households that borrowed