. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … opportunities to purchase rainfall index insurance, or a combination of the two. Demand for index insurance is strong, and insurance … to farmer investment is uninsured risk: when provided with insurance against the primary catastrophic risk they face …

addition, participants who experience an economic shock have less need to reduce consumption, and subjective well …-being improves significantly. Precautionary savings and credit therefore act as substitutes in providing self-insurance, and …

asset, his peers may also want to purchase it, both because they learn from his choice ("social learning") and because his …

and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … insurance, because insurance induces cultivators to switch to riskier, higher-yield production methods. The same insurance … simulations based on our estimates suggest that selling insurance only to land-owning cultivators and precluding the landless from …

We describe the risks faced by the ageing population and survey the corresponding insurance markets for these risks. We … interactions between social insurance and private insurance markets. …