Weather index-based crop insurance is increasingly becoming important as a risk mitigation strategy that farmers may use to mitigate adverse climate shocks and natural disasters encountered during farming. While Europe, North America, and Asia account for 20.1%, 55%, and 19.5% of the total...

Building on the idea that religious communities provide mutual insurance against some idiosyncratic risks, we argue that religious membership is more valuable in societies exposed to greater common risk. In our empirical analysis we exploit rainfall risk as a source of common economic risk in...

Der auf einer empirischen Erhebung basierende Beitrag behandelt die Alterssicherung deutscher Landwirte unter den Rahmenbedingungen des landwirtschaftlichen Strukturwandels. Vorsorgebedarf, -fähigkeit und -bereitschaft führen in Abhängigkeit von betrieblichen Merkmalen zu unterschiedlichen...

It is an undisputed fact that weather risk increases over time due to climate change. However, qualification of this statement with regard to the type of weather risk and geographical location is needed. We investigate the application of novel statistical tools for assessing changes in weather...