This paper provides novel evidence on how risk exposure shapes the demand for index-based weather insurance. The focus … weather events that cause high livestock mortality. Using a two-way fixed effect model and country-wide district-level data … weather conditions occurring in the months preceding the end of the insurance sales period. The effect is neither driven by …

This paper investigates the effects of multiple weather shocks on household welfare in Mozambique, as well as some of … various weather risks. Experiencing a cyclone, flood, or drought leads to a drop of up to 25-30 percent in per capita food … protection in the aftermath of the shock at the cost of lower income growth in the future. In disentangling the channels, the …

the depletion of assets. We also consider the interaction between past weather-risk exposure and the actual realization of … weather shocks to ascertain the extent to which the investment strategies of risk-exposed households "pay off" by buffering …