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dc.contributor.authorRobinson, Jonathanen
dc.date.accessioned2010-03-22-
dc.date.accessioned2012-09-28T12:41:42Z-
dc.date.available2012-09-28T12:41:42Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aUniversity of California, Economics Department |cSanta Cruz, CAen
dc.relation.ispartofseries|aWorking Paper |x639en
dc.subject.jelC93en
dc.subject.jelD13en
dc.subject.jelD61en
dc.subject.jelO12en
dc.subject.ddc330en
dc.subject.stwFamilienökonomiken
dc.subject.stwPrivater Transferen
dc.subject.stwTesten
dc.subject.stwKeniaen
dc.titleLimited insurance within the household: Evidence from a field experiment in Kenya-
dc.typeWorking Paperen
dc.identifier.ppn587692138en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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