Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227215 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13688
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We analyze whether the availability of formal insurance products affects informal solidarity transfers in two independent behavioral experiments in the Philippines. The first experiment allows for communication, non-anonymity and unrestricted transfers. The second experiment mimics a laboratory setting without communication and preserves anonymity, which minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding-out effects in the first setting with strategic motives, while there are even crowding-in effects due to insurance availability in the anonymous experiment. These and additional supporting results are in line with crowding-out of strategic, but not necessarily intrinsic motives due to the availability of insurance.
Subjects: 
insurance
solidarity
crowding effects
lab-in-the-field experiment
Philippines
JEL: 
O12
Z13
Document Type: 
Working Paper

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