As more households in the People's Republic of China (PRC) are lifted out of poverty, it becomes increasingly difficult to address the remaining poor by implementing traditional cash transfer programs due to inaccurate identification and the welfare dependency issue. One solution is to implement...

While the literature on consumption insurance is growing fast, little research has been conducted on how rural consumption insurance is affected by democracy. In this paper the authors examine how consumption insurance of Chinese rural residents is affected if the local leader is democratically...