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Poverty Traps and Index Based Risk Transfer Products
A growing literature suggests that in low-income countries, households with few assets can be trapped in chronic poverty. This article reviews relevant threads of the poverty traps literature toExpand
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Developing And Pricing Precipitation Insurance
Production agriculture and agribusiness are exposed to many weather-related risks. Recent years have seen the emergence of an increased interest in weather-based derivatives as mechanisms for sharingExpand
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Poverty Traps and Climate Risk: Limitations and Opportunities of Index-Based Risk Financing
The objective of this paper is to frame the key issues and summarize the current state of knowledge about and innovations in index-based risk transfer products (IBRTPs) as they relate to theExpand
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Designing and Rating an Area Yield Crop Insurance Contract
This article documents the design and rate-making procedures used in the development of the Group Risk Plan (GRP)—the new federal crop insurance product that insures based on area yield. The authorsExpand
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The U.S. farm financial crisis of the 1980s
De 1981 a 1986, l'agriculture americaine subit l'une de ses plus serieuses crises financieres depuis les annees 30. L'impact de cette depression se propagea dans toutes les communautes rurales et lesExpand
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Weather Index Insurance and Climate Change: Opportunities and Challenges in Lower Income Countries
Weather index insurance underwrites a weather risk, typically highly correlated with agricultural production losses, as a proxy for economic loss and is gaining popularity in lower income countries.Expand
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Is Area Yield Insurance Competitive with Farm Yield Insurance
This article compares risk reduction from MPCI and GRP crop insurance contracts. The analysis extends and improves on the existing area-yield insurance literature in four important respects. First,Expand
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Is There a Viable Market for Area�?Based Crop Insurance?
The performance of area yield insurance and farm-level multiple peril crop insurance is analyzed for cotton and soybean production in Georgia and South Carolina. The analysis improves on manyExpand
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