participation in a mutual loss pool and an explicit, priced government insurance mechanism. We also discuss how these principles and …

insurance product designed to compensate low-income Indian farmers in the event of insufficient rainfall during the primary … purchase the insurance, even though they overwhelmingly cite rainfall variability as their most significant source of risk. We … then conduct a series of randomized field experiments to test theories of why product adoption is so low. Insurance …

This paper describes the contract design and institutional features of an innovative rainfall insurance policy offered … to smallholder farmers in rural India and presents preliminary evidence on the determinants of insurance participation …. Insurance take-up is found to be decreasing in basis risk between insurance payouts and income fluctuations, higher among …

demand estimation. Our semiparametic approach models expenditures simultaneously with the choice of insurance plan and the … of insurance exogeneity, but are insensitive to the assumptions governing the decision to incur any expenditures. The … general emphasis in the health economics literature on sample selection instead of insurance endogeneity therefore seems …

in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and …"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …

has not been a good predictor of whether the unemployment rate at the end of the expansion following a shift was higher or …