Risk, Insurance and Wages in General Equilibrium

Ahmed Mushfiq Mobarak, Mark Rosenzweig

NBER Working Paper No. 19811
Issued in January 2014

---- Acknowledgments ----

We thank USAID/BASIS at UC-Davis, the DFID/LSE/Oxford International Growth Centre, and the Macmillan Center at Yale University for financial support. We thank the Centre for Microfinance at IFMR (Chennai, India), Hari Nagarajan at the National Council of Applied Economic Research (Delhi, India), and the Agricultural Insurance Company of India, Lombard (especially Mr. Kolli Rao) for their collaboration in fieldwork and program implementation. Lisa Nestor managed all aspects of the fieldwork extremely well. Laura Feeney provided excellent research assistance. Michael Carter, Judy Chevalier, Seema Jayachandran, Juanjuan Zhang and seminar participants at the UC-Davis BASIS Workshop, Yale University China and India Customer Insights Conference, Vanderbilt University, 2013 Arizona State Conference on Development of Human Capital, and 2013 HKUST Conference on Human Resources and Economic Development provided valuable comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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