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 … between households' perceived exposure to uninsured risk, measured as past exposure to deviations in average rainfall levels …

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 …