remittances are jointly determined, we exploit rainfall shocks as instrumental variables for income changes. In households with …

We use newly-available Indian panel data to estimate how the returns to planting-stage investments vary by rainfall … realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … when there is no skill. We show, using an IV strategy in which the Indian government forecast of monsoon rainfall serves as …

use remittances, informal loans, or assets as ex post risk-coping mechanisms. Since these households have limited access … data and rainfall shocks as the instrumental variable for income shocks, this paper finds evidence that households depend … income decline while domestic transfers replace about 14 percent. Informal loans, however, decrease as rainfall shocks …

rainfall data for rural Thailand and Vietnam. Our econometric analysis shows that temporal variability in risk attitudes is … driven by rainfall shocks. Both severe shortages and excesses appear to increase individuals' risk aversion. Contrary to …Empirical studies advocating the temporal variability of risk attitudes suggest that adverse covariate shocks …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

This paper provides novel evidence on how risk exposure shapes the demand for index-based weather insurance. The focus … explained by insurance purchasers adapting their risk perception in response to recent weather risks. The findings of this paper … weather events that cause high livestock mortality. Using a two-way fixed effect model and country-wide district-level data …