Showing 1 - 10 of 437
weather shocks, we find that drought tolerant maize seeds mitigate the impact of mid-season drought. Compared to farms in …
Persistent link: https://www.econbiz.de/10012629454
inquire systematically as to whether it may prove useful from the vantage point of participants in the weather derivatives … forecasts, but also the long-horizon density forecasts of maximal relevance in weather derivatives contexts. We produce and … evaluate both, with some success. We conclude that additional inquiry into nonstructural weather forecasting methods will …
Persistent link: https://www.econbiz.de/10012468553
In discussing the paradoxical violation of expected utility theory that now bears his name, Maurice Allais noted that individuals tend to "greatly value" payoffs that are certain. Allais' observation would seem to imply that people will undervalue insurance relative to the predictions of...
Persistent link: https://www.econbiz.de/10012480679
This paper examines whether agricultural insurance can boost investment by small scale farmers in West Africa. We conduct a randomized evaluation to analyze the impacts of index insurance for cotton farmers in Burkina Faso. We find no impact of insurance on cotton, but, consistent with...
Persistent link: https://www.econbiz.de/10012481419
The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in...
Persistent link: https://www.econbiz.de/10012460197
and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … where households supplying labor and households hiring labor face weather risk. Consistent with theoretical predictions, we … the insurance market (which is the current regulatory practice in India and other developing countries), makes wage …
Persistent link: https://www.econbiz.de/10012458852
in weather conditions. Better risk, credit and savings markets can improve productivity and welfare in rural areas but … insurance contracts - improving the skill of long-run weather forecasts. We use an equilibrium model of agricultural production … seasonal forecasts of monsoon weather. We find that in areas where the forecast is accurate (has "skill") that investment …
Persistent link: https://www.econbiz.de/10012479843
particularly child marriage, in Sub-Saharan Africa and in India, where substantial monetary or in-kind transfers occur with … marriage: bride price across Sub-Saharan Africa and dowry in India. In a simple equilibrium model of the marriage market in … two regions: in Sub-Saharan Africa, they increase the annual hazard into child marriage by 3%, while in India droughts …
Persistent link: https://www.econbiz.de/10012455078
the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting … stage, by lowering ex ante out-migration, and can exacerbate the negative impact of adverse weather on harvest-stage wages …
Persistent link: https://www.econbiz.de/10012458855
Recent evaluations of traditional microfinance loans have found no significant impacts on borrower incomes or productive activities. We examine whether this can be remedied by (a) modifying loan features to facilitate financing of working capital needs of farmers, and (b) delegating selection of...
Persistent link: https://www.econbiz.de/10012457957