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Insurance and Rural Welfare: What can Panel Data tell us?
Elbers, Chris; Gunning, Jan Willem; Pan, Lei - Tinbergen Instituut - 2007
insurance in rural communities usually requires a structural model of household behavior under risk. One of the few empirical … would not benefit from the introduction of formal weather insurance. In this paper we investigate how models such as theirs … conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10011256689
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Risk Pooling through Transfers in Rural Ethiopia
Pan, Lei - Tinbergen Instituut - 2007
It is often assumed that transfers received from governments, nongovernment organizations (NGOs), friends and relatives help rural households to pool risk. In this paper I investigate two functions of transfers in Ethiopia: risk pooling and income redistribution. Unlike most of the literature...
Persistent link: https://www.econbiz.de/10011257209