EconStor >
University of California (UC) >
UC Santa Cruz, Economics Department >
Working Papers, Economics Department, UC Santa Cruz >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/64516
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorRobinson, Jonathanen_US
dc.date.accessioned2010-03-22en_US
dc.date.accessioned2012-09-28T12:41:42Z-
dc.date.available2012-09-28T12:41:42Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/64516-
dc.description.abstractThis paper presents results from a randomized field experiment to test for the importance of limited commitment (due to incomplete contract enforceability) in explaining intra-household risk sharing arrangements in Kenya. The experiment followed 142 daily income earners and their spouses for 8 weeks. Every week, each individual had a 50% chance of receiving a 150 Kenyan shilling (US $2) income shock (equivalent to about 1.5 days income for men and 1 week's income for women). This paper has 2 main results. First, since the experimental payments are random, they allow for a direct test of allocative Pareto efficiency. I reject efficiency, as male private goods expenditures are sensitive to the receipt of the payment. Second, the experiment varied the level of intra-household correlation in the experimental payments between couples. I find that women send bigger transfers to their husbands when shocks are independent or negatively correlated, a result consistent with the presence of limited commitment. I find no difference in transfers for men, likely because the shocks were too small to cause the limited commitment constraint to bind for them.en_US
dc.language.isoengen_US
dc.publisherUniv. of California at Santa Cruz, Dep. of Economics Santa Cruz, Calif.en_US
dc.relation.ispartofseriesWorking Papers, UC Santa Cruz Economics Department 639en_US
dc.subject.jelC93en_US
dc.subject.jelD13en_US
dc.subject.jelD61en_US
dc.subject.jelO12en_US
dc.subject.ddc330en_US
dc.subject.stwFamilienökonomiken_US
dc.subject.stwPrivater Transferen_US
dc.subject.stwTesten_US
dc.subject.stwKeniaen_US
dc.titleLimited insurance within the household: Evidence from a field experiment in Kenyaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn587692138en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Economics Department, UC Santa Cruz

Files in This Item:
File Description SizeFormat
587692138.pdf231.44 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.