Data and Code for: In-Kind Transfers as Insurance
Principal Investigator(s): View help for Principal Investigator(s) Lucie Gadenne, Queen Mary University of London; Sam Norris, University of British Columbia; Monica Singhal, University of California Davis; Sandip Sukhtankar, University of Virginia
Version: View help for Version V1
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application/vnd.openxmlformats-officedocument.wordprocessingml.document | 49.3 KB | 07/11/2024 05:36:PM |
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application/vnd.openxmlformats-officedocument.spreadsheetml.sheet | 13.2 KB | 04/17/2024 03:30:PM |
Project Citation:
Project Description
Abstract: Households in developing countries often face variation in the prices of consumption goods. We develop a model demonstrating that in-kind transfers will provide insurance benefits against price risk if the covariance between the marginal utility of income and price is positive. Using calorie shortfalls as a proxy for marginal utility, we find that this condition holds for low-income Indian households. Expansions in India’s flagship in-kind food transfer program not only increase caloric intake but also reduce caloric sensitivity to prices. Our results contribute to ongoing debates about the optimal form of social protection programs.
This repository contains code to replicate the exhibits.
Scope of Project
H24 Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
H53 National Government Expenditures and Welfare Programs
I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
O12 Microeconomic Analyses of Economic Development
Q18 Agricultural Policy; Food Policy
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