Deininger, Klaus; Jin, Songqing; Yu, Xinhua - In: Applied Economics 39 (2007) 11, pp. 1341-1352
We use a 3-year panel from two poor provinces in Southern China to examine the nature of risks to which rural households are exposed and their ability to insure calorie consumption and spending of total consumption against idiosyncratic shocks to their income. We find that idiosyncratic risks...