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Persistent link: https://www.econbiz.de/10010337229
In many developing economies, notably in Africa, both governments and private agents live in a high risk environment but have only poor risk coping mechanisms at their disposal. Nevertheless development is typically analyzed as if it occurs in a world without risk. This may be because the effect...
Persistent link: https://www.econbiz.de/10011187660
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10010325576
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10011350366
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10005450749
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
influences demand, both within the microinsurance and the traditional insurance markets. A comparison with traditional markets … effects on the decision to buy microinsurance. The influence of trust on insurance take-up and the unanticipated results for …
Persistent link: https://www.econbiz.de/10010410033
To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the … rainfall shocks in rural Nicaragua, I find that migrants aged 15-21 years provide unilateral insurance to their origin … household. Distinguishing by destination and economic activity I show that the level of insurance increases when migrants and …
Persistent link: https://www.econbiz.de/10011387156
We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding …-out effects in the first setting with strategic motives, while there are even crowding-in effects due to insurance availability in …
Persistent link: https://www.econbiz.de/10012290695
This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We … show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a … endowment. It is varied whether they can purchase an insurance before the loss is determined. The other half of the subjects can …
Persistent link: https://www.econbiz.de/10011731916