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WELFARE IMPACTS OF INDEX INSURANCE IN THE PRESENCE OF A POVERTY TRAP
This paper evaluates the effectiveness of an index-based livestock insurance (IBLI)
product designed to compensate for area average predicted livestock mortality loss in
northern Kenya, where previous work has established ...
The Subjective Well-being Effects of Imperfect Insurance that Doesn’t Pay Out
In this paper we estimate the effects of an imperfect insurance coverage on subjective well-being of a poor, rural population, by exploring whether insurance in force improves subjective well-being and whether insurance ...
Designing index based livestock insurance for managing asset risk in northern Kenya
This article describes a novel indexbased
livestock insurance (IBLI) product piloted among pastoralists in
Northern Kenya, where insurance markets are effectively absent and uninsured risk exposure is a main
cause of ...