Development & Growth

Farmers in Ghana were more likely to invest in their farms when offered free insurance against bad rainfall shocks. On the contrary, free cash grants had little effects on farm expenditures.

Karlan et al. Quarterly Journal of Economics(2014)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s