assess the risk mitigation capacity of weather index-based insurance for cotton farmers. We compare the ability of various … give a tractable definition of basis risk and use it to show that weather index-based insurance is associated with a large … significantly decreases the basis risk, compared to using simulated sowing dates. Finally we found that the gain of the weather …

assess the risk mitigation capacity of weather index-based insurance for cotton farmers. We compare the ability of various … give a tractable definition of basis risk and use it to show that weather index-based insurance is associated with a large … dates. Finally we find that the gain of the weather-index based insurance is lower than that of hedging against cotton price …

, results underline the limited impact of weather on the interconnection of these markets. …

effects of the two types of non-technological innovation in manufacturing and service firms. …

dataset for manufacturing, services and trade sectors. Labour productivity is found to be the lowest for the low-skilled older … workers while high-skilled senior employees in manufacturing and trade are the most productive group. Throughout the sectors … productivity over wage ratio is found to be sector-specific. It is the highest for young workers in manufacturing while in services …

inflation, both as an objective and as an intermediate instrument. We want to show that other variables like employment can be … that they can be function of employment only, which then dominates inflation for use in the policy rule. …

This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small … open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital …

composite goods from private firms. Such a policy unambiguously increases employment. It also raises private consumption and … employment, welfare and private consumption rise. We provide magnitudes for different parameter values. …