Cheung, Diana; Padieu, Ysaline - In: World Development 66 (2015) C, pp. 84-103
We estimate the impact of the New Cooperative Medical Scheme (NCMS) on household savings by income quartiles in rural China. We control for endogenous NCMS participation with an instrumental variable strategy using the China Health and Nutrition survey. We find that NCMS has a negative impact on...