We report results from a large randomized natural field experiment conducted in southwestern China in the context of insurance for sows. Our study sheds light on two important questions about microinsurance. First, how does access to formal insurance affect farmers' production decisions? Second,...

We report results from a large randomized natural field experiment conducted in southwestern China in the context of insurance for sows. Our study sheds light on two important questions about microinsurance. First, how does access to formal insurance affect farmers' production decisions? Second,...

China's 1959-1961 famine caused about 15-30 million excess death tolls, standing out as the worst in human history. Despite the striking severity of the catastrophe, little is known about its long-term effects. This paper, using a unique individual level dataset, tries to quantify the long-term...