Tag
risk_sharing
2 findings
DevelopmentMobile Money Domestic Risk-SharingMobile money systems significantly lower transaction costs and facilitate domestic risk-sharing across geographically dispersed household networks following environmental or economic shocks.Observational StudyEconomics (general)Social Network Risk-Sharing DistortionOver 35% of reported gifts and high-value loans occurred between relatives compared to only 2% between coworkers; unincentivized workers were 7 percentage points more likely to refer relatives (baseline <15%) than workers facing performance-contingent pay.RCT