Monsoon rainfall is a key driver of economic life in rural Nepal as well as a major source of income variability. In this paper, the authors use a newly collected 3-year panel data set, representative of rural Nepal, merged with global monthly precipitation data to investigate the nature of the...

Uninsured risk constrains households in their production decisions in many developing countries. Similarly to crop insurance, employment guarantees can support farmers in managing agricultural production risks. Evidence from representative panel data of Andhra Pradesh, India, suggests that the...