Does Microfinance Make Households More Resilient to Shocks? Evidence From the Cyclone Phailin in India

被引:5
作者
Calis, Thijmen [1 ]
Gangopadhyay, Shubhashis [1 ,2 ,3 ]
Ghosh, Namrata [2 ]
Lensink, Robert [1 ,4 ]
Meesters, Aljar [1 ]
机构
[1] Univ Groningen, Fac Econ & Business, Groningen, Netherlands
[2] India Dev Fdn, Gurgaon, India
[3] Gothenburg Univ, Gothenburg, Sweden
[4] Wageningen Univ, Dev Econ Grp, Wageningen, Netherlands
关键词
microfinance; natural disasters; shocks; India; DISASTERS;
D O I
10.1002/jid.3301
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This research note examines the relevance of microfinance as a means to cope with natural disasters, using the event of the cyclone Phailin, which struck India in 2013. The results indicate that microfinance helps reduce the negative effects of extreme weather-related shocks. In light of the somewhat disappointing outcomes suggested by several recent rigorous impact studies, this research paints a more positive picture of the importance of microfinance as an insurance mechanism to deal with weather-related risks. Copyright (c) 2017 John Wiley & Sons, Ltd.
引用
收藏
页码:1011 / 1015
页数:5
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