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  1. Offering rainfall insurance to informal insurance groups: evidence from a field experiment in Ethiopia

    We show theoretically that the presence of basis risk in index insurance makes it a complement to informal risk sharing, implying that index insurance crowds-in risk sharing and leading to a prediction that demand will be higher among groups of individual ...

    Lucia.Madrigal - 04/18/2014 - 15:04

  2. A New Approach To Weather Insurance: Simple Project

    Risk characterizes everyday life for many of the world’s poorest households. When this risk is uninsured, it poses a considerable cost to current and future welfare, as harmful events lead to reduced consumption and asset loss. The lack of efficient risk ...

    Lucia.Madrigal - 04/18/2014 - 15:04

  3. Index Insurance for Managing Climate-Related Agricultural Risk: Toward a Strategic Research Agenda

    In October 2011,the CGIAR program on Climate Change, Agriculture and Food Security (CCAFS) and the Index Insurance Innovation Initiative (I4) organized a jointworkshop hosted by the International Food Policy Research Institute (IFPRI). The workshop was de ...

    Lucia.Madrigal - 04/18/2014 - 15:06

  4. Innovations in Insuring the Poor

    Risk and poverty are inextricably linked. Susceptibility to risk is a defining feature of what it means to be poor. Poor people often live in environments characterized by high weather and disease risk, and it is poor households that have the fewest tools ...

    Lucia.Madrigal - 04/18/2014 - 15:06

  5. Adoption of weather-index insurance: Learning from willingness to pay among a panel of households in rural Ethiopia

    In this paper we examine which farmers would be early entrants into weather index insurance markets in Ethiopia, were such markets to develop on a large scale. We do this by examining the determinants of willingness to pay for weather insurance among 1,40 ...

    Lucia.Madrigal - 04/18/2014 - 15:07

  6. An Experiment on the Impact of Weather Shocks and Insurance on Risky Investment

    We conduct a framed field experiment in rural Ethiopia to test the seminal hypothesis that insurance provision induces farmers to take greater, yet profitable, risks. Farmers participated in a game protocol in which they were asked to make a simple decisi ...

    Lucia.Madrigal - 04/18/2014 - 15:08

  7. The Impact of Weather Insurance on Consumption, Investment, and Welfare

    Weather variations crucially act the wellbeing of farmers in developing countries yet weather insurance is rather rare. I develop and estimate a dynamic stochastic optimization model to assess the impact of weather insurance on the consumption, investment ...

    Lucia.Madrigal - 05/20/2016 - 09:12

  8. Flexible insurance for heterogeneous farmers: results from a small scale pilot in Ethiopia

    We analyze the efectiveness of a new approach in providing weather index-based insurance products to low-income populations. The approach is based on the concept of providing multiple weather securities that pay a xed amount if the event written on the se ...

    soonho - 06/09/2016 - 13:38

  9. Value chain development with the extremely poor: evidence and lessons from CARE, Save the Children, and World Vision

    The majority of the world’s poorest people live in South Asia and Sub-Saharan Africa. Most of these households engage in rural farming and subsist on incomes at or below the international extreme poverty line of US$1.90 per person per day (our working def ...

    soonho - 07/10/2017 - 11:45

  10. Value chain financing: evidence from Zambia on smallholder access to finance for mechanization

    Smallholder farmers in Zambia comprise 85 per cent of the farmers’ population. Such farmers are regarded as not creditworthy and furthermore their agricultural productivity could be improved. The aim of this paper is to present recent evidence on value ch ...

    soonho - 07/19/2017 - 08:05