Insurance (Class #3)

HOMEWORK

  1. Be prepared to discuss the question of the day. Read at least one of the studies linked on this page and and be prepared to tell the class how it relates to the question of the day.

  2. Videos 1-2 (below): Will deepen your understanding of Chapter 6, but not required (optional).

  3. Readings 1 (below): Will deepen your understanding of Chapter 6, but not required (optional).

ACTIVITIES

Question of the Day: What strategies and institutions do the poor use to alleviate the problem of insufficient insurance in India?

  1. Discussion with Hopkins

  2. Work on social enterprise project with Smith

RESOURCES

Poor Economics Website

  1. Data set: This 18-country data set may give you evidence to support your ideas.

  2. Studies: These consumption studies may help you prepare too.

Videos

  1. Risk and Insurance

  2. Insurance

Readings

  1. Besley, Timothy. "Nonmarket Institutions for Credit and Risk Sharing in Low Income Countries."Journal of Economic Perspectives 9, no. 3 (1995): 115–27.