Journal ArticleDOI
Systemic Risk, Index Insurance, and Optimal Management of Agricultural Loan Portfolios in Developing Countries
Reads0
Chats0
About:
This article is published in American Journal of Agricultural Economics.The article was published on 2011-01-01. It has received 95 citations till now. The article focuses on the topics: Financial risk management & Systemic risk.read more
Citations
More filters
Journal ArticleDOI
Index Insurance for Developing Countries
Mario J. Miranda,Katie Farrin +1 more
TL;DR: A review of recent theoretical and empirical research on index insurance for developing countries and summarizes lessons learned from index insurance projects implemented in the developing world since 2000 can be found in this paper, where the authors provide a summary of the most relevant studies.
Journal ArticleDOI
Quantifying spatial basis risk for weather index insurance
TL;DR: In this paper, the authors developed an empirical methodology for managing spatial basis risk in weather index insurance by studying the fundamental causes for differences in weather risk between distributed locations, including distance between stations and differences in altitude, latitude, and longitude.
Journal ArticleDOI
Derivatives for development? Small-farmer vulnerability and the financialization of climate risk management.
TL;DR: In this paper, the authors evaluate the contemporary roll-out of financial derivatives that purportedly aim to mitigate smallholder vulnerability, and give particular attention to a novel type of derivative known as index-based agricultural insurance (IBAI) that plays an increasingly prominent role in initiatives to "climate proof" agriculture.
Journal ArticleDOI
A global review of the impact of basis risk on the functioning of and demand for index insurance
Kristina Yuzva Clement,W. J. Wouter Botzen,W. J. Wouter Botzen,Roy Brouwer,Roy Brouwer,Jeroen C. J. H. Aerts +5 more
TL;DR: In this article, the authors assess the problem of basis risk that occurs when insurance payouts depend on an index that is imperfectly related with actual losses experienced by the insurance policyholder.
Journal ArticleDOI
Can Gridded Precipitation Data and Phenological Observations Reduce Basis Risk of Weather Index-based Insurance?
Tobias Dalhaus,Robert Finger +1 more
TL;DR: In this paper, the authors investigate the relationship between weather index-based agricultural insurance and yield losses and propose a risk-reducing mechanism to reduce the non-perfect correlation between the two indices.
References
More filters
Journal ArticleDOI
Area-Yield Crop Insurance Reconsidered
TL;DR: One of the more promising proposals for reforming the federal crop insurance program calls for both premium rates and indemnities to be based not on the producer's individual yield but rather on the aggregate yield of a surrounding area as mentioned in this paper.
Journal ArticleDOI
Weather Index Insurance for Agriculture and Rural Areas in Lower-Income Countries
Barry J. Barnett,Olivier Mahul +1 more
Posted Content
Rural Financial Markets in Developing Countries
TL;DR: In this article, a review examines portions of the vast literature on rural financial markets and household behavior in the face of risk and uncertainty, focusing on the important role of financial intermediaries, competition and regulation in shaping the changing structure and organization of rural markets.
Posted ContentDOI
Rural Financial Markets in Developing Countries
TL;DR: In this article, a review examines portions of the vast literature on rural financial markets and household behavior in the face of risk and uncertainty, focusing on the important role of financial intermediaries, competition and regulation in shaping the changing structure and organization of rural markets.
Journal ArticleDOI
Innovations in Agricultural and Natural Disaster Insurance
TL;DR: The uncertainty of future incomes complicates both short-term production decisions and long-term planning (e.g., expansion of production or capital investments in machinery and equipment) and renders lending institutions less willing to provide loans to farmers, since the probability of default is relatively high as mentioned in this paper.
Related Papers (5)
Insurance, credit, and technology adoption : field experimental evidence from Malawi.
Xavier Gine,Dean Yang,Dean Yang +2 more
Weather Index Insurance for Agriculture and Rural Areas in Lower-Income Countries
Barry J. Barnett,Olivier Mahul +1 more