Showing 1 - 10 of 286
Although there is fast-growing policy interest in offering financial products to help rural households manage risk, the … exposed to yield risk, women face additional sources of lifecycle risk -- particularly health risks associated with fertility … and childcare -- that men do not. In essence, the basis risk associated with agricultural insurance products is higher for …
Persistent link: https://www.econbiz.de/10012972222
Weather is a key source of income risk, especially in emerging market economies. This paper uses a randomized … results suggest that financial innovation can mitigate the real effects of uninsured production risk …
Persistent link: https://www.econbiz.de/10012974140
Designing and rating insurance products requires both science and judgment. In developing and emerging economies, actuarial procedures must be robust and implementable, as well as offering a sufficient degree of transparency and flexibility so as to allow expert judgment to be incorporated. This...
Persistent link: https://www.econbiz.de/10012975414
increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …
Persistent link: https://www.econbiz.de/10011731884
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its … reconstruction process at the household level, this risk assessment provides new insights into disaster risks in the Philippines …
Persistent link: https://www.econbiz.de/10012893747
development prospects of affected regions. As such, climate change reinforces the development case for investment in disaster risk … complicates disaster risk management investment decisions, the analysis presented here shows that these considerations are only … for disaster risk management investment decisions. Accounting for climate uncertainty is likely to shift the optimal …
Persistent link: https://www.econbiz.de/10012969536
security vulnerability modeling in the African Risk Capacity, ARC, model is then described as showing a practical solution to …This paper discusses how catastrophe crop risk models can be used to assess food security needs at the sovereign level … for the purpose of risk transfer. The rationale for a system to evaluate food security needs at the national level is …
Persistent link: https://www.econbiz.de/10012971463
Catastrophe risk models are quantitative models used to estimate probabilistic loss distributions for a specified range … of assets subject to a baseline level of disaster risk. While cat risk models are used extensively by the insurance and … physical assets such as buildings or infrastructure is still limited. This paper first provides a brief outline of cat risk …
Persistent link: https://www.econbiz.de/10012971464
Which cities have the highest risk of human and economic losses due to natural hazards? And how will urban exposure to … major hazards change over the coming decades? This paper develops a global urban disaster risk index that evaluates the … components of this risk measure are urban hazard characteristics, exposure, and vulnerability. For earthquakes, cyclones, floods …
Persistent link: https://www.econbiz.de/10012974220
households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach - termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset … category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …
Persistent link: https://www.econbiz.de/10011594575