Risk, Insurance and the Family

风险、保险和家庭

• 批准号: 8543747
• 负责人: ROBERT M TOWNSEND
• 金额: $ 53.09万
• 依托单位: NATIONAL BUREAU OF ECONOMIC RESEARCH
• 依托单位国家: 美国
• 财政年份: 1991
• 资助国家: 美国
• 起止时间: 1991-09-01 至 2017-05-31
• 项目状态: 已结题
• 来源: https://reporter.nih.gov/project-details/8543747
• 关键词: Accounting; Attention; Benchmarking; Brazil; Cessation of life; Child; Chile; Collaborations; Commerce; Communities; Contracts; Country; Data; Data Collection; Data Set; Databases; Decision Making; Developing Countries; Development; Documentation; Droughts; Economic Models; Economics; Education; Ensure; Environment; Equilibrium; Evaluation; Event; Family; Family member; Farming environment; Funding; Future; Goals; Growth and Development function; Health; Health Services Accessibility; Household; Household Products; Individual; Institution; Insurance; International; Intervention; Kenya; Knowledge; Location; Marketing; Metadata; Mexico; Modeling; Morals; Occupational activity of managing finances; Outcome; Personal Satisfaction; Policies; Provider; Province; Questionnaires; Randomized; Randomized Controlled Trials; Research; Research Infrastructure; Research Personnel; Risk; Running; Rural; Sampling; Savings; Services; Side; Social Welfare; Support System; Surveys; System; Thailand; Time; Training; Universities; Visit; Weather; Work; World Bank; base; cost; data modeling; design; disability; follow-up; forging; hazard; improved; informant; innovation; instrument; migration; peer; prototype; public health relevance; risk sharing; rural area; skills; theories; tool; urban area

DESCRIPTION (provided by applicant): This project seeks to improve the welfare and well-being of families in developing countries through the provision of targeted financial products and services. In the face of risk and hardship, poor and lower middle class families often lack the tools to weather hard times and plan for their future. For these families, events such as drought, illness, or the disability or death of a family member result in undue suffering and economic losses. In the absence of financial intermediation, families may not be able to educate their children or invest in productive assets. This project thus seeks to alter the financial landscape o Thailand by giving households improved tools for decision making, information about available products and services, appropriate training, and access to innovative savings, credit, and insurance instruments; it also gives financial institutions better information on local environments and household needs for investing, lending, and insurance. This project makes use of randomized evaluations and systematic research that blends data and theory. Though Thailand is chosen as a prototype, this project provides a roadmap for other developing countries going forward. A ground-up approach with four distinct components provides a framework for evaluating the financial system as a whole: (1) introducing and evaluating a lifecycle wealth planner for families in a developing country to better understand the demand side of the market, including households' financial needs, capabilities, and limitations; (2) understanding the supply side of the market by assessing barriers and other obstacles that limit financial access and implementing a randomized evaluation of a financial product innovation in partnership with financial institutions in Thailand; (3) implementing a national-level innovation that brings together geographically and informationally dispersed sides of potential markets (e.g., lenders and borrowers), matches them in an efficient way, and allows funds to circulate easily and flexibly; and (4) improving economic general equilibrium models to determine the overall distribution of welfare gains and impact of policy changes. This work leverages existing panel data and will complete a 20 year panel of rural and urban households across distinct regions of Thailand. Approximately 1,100 new survey households are added to assess the impact of the project's two main interventions: a financial planning tool and financial product innovations. Never before have these kinds of interventions been run on top of such rich panel of data; the project is thus uniquely able to provide an extensive look at the financial strategies of households and the impact that financial tools can have in moving households in the direction of their goals. Through these interventions, partnerships with financial institutions on the ground and systemic research informed via the use of detailed economic models, this project aims to create a more efficient financial system that supports the growth and development of individuals, communities, regions, and the country as a whole.

描述（由申请人提供）：该项目旨在通过提供目标的金融产品和服务来改善发展中国家家庭的福利和福祉。面对风险和艰辛，贫困和下层家庭通常缺乏度过艰难时期的工具，并为他们的未来计划。对于这些家庭，干旱，疾病或家庭成员的残疾或死亡等事件会导致苦难和经济损失。在没有金融中介的情况下，家庭可能无法教育孩子或投资生产资产。因此，该项目试图通过为家庭提供改进的决策工具，有关产品和服务的信息，适当的培训以及获得创新储蓄，信贷和保险工具的访问来改变泰国的财务格局；它还为金融机构提供了有关当地环境和家庭投资，贷款和保险需求的更好信息。该项目利用将数据和理论融合的随机评估和系统研究。尽管泰国被选为原型，但该项目为未来的其他发展中国家提供了路线图。 具有四个不同组成部分的基础方法为评估整个金融体系提供了一个框架：（1）为发展中国家的家庭介绍和评估生命周期财富计划者，以更好地了解市场的需求方面，包括家庭的财务需求，能力，能力和局限性； （2）通过评估限制金融获取并与泰国金融机构合作对金融产品创新进行随机评估的障碍和其他障碍来了解市场的供应方面； （3）实施一项国家级创新，将潜在市场的地理和信息分散的方面汇集在一起​​（例如，贷方和借款人），以有效的方式匹配它们，并允许资金轻松，灵活地循环； （4）改善经济一般平衡模型，以确定福利收益的总体分布和政策变化的影响。 这项工作利用现有的面板数据，并将完成泰国不同地区的20年农村和城市家庭。添加了大约1100个新调查家庭，以评估该项目的两种主要干预措施的影响：财务计划工具和金融产品创新。从来没有在如此丰富的数据面板上进行此类干预措施。因此，该项目具有唯一的能力，可以广泛探讨财务策略 家庭以及金融工具在朝着目标的方向转移家庭所产生的影响。通过这些干预措施，与实地金融机构的合作伙伴关系和通过使用详细经济模型告知的系统研究，该项目旨在建立一个更有效的金融体系，以支持个人，社区，地区和整个国家的增长和发展。