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This study investigates variation over time, space and household and individual characteristics in how people perceive different risks. Using original data from the arid and semi-arid lands of East Africa, we explore how individuals assess their relative level of concern about risks. The primary ...


Doss, C.McPeak, J.G.Barrett, Christopher B.[Interpersonal, intertemporal and spatial variation in risk perceptions: evidence from East Africa]Interpersonal, intertemporal and spatial variation in risk perceptions: evidence from East Africa

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 to motivate a description of the opportunities presented by innovative index-based risk transfer products...


Barnett, B.J.Barrett, Christopher B.Skees, J.R.[Poverty traps and Index-Based risk transfer products]Poverty traps and Index-Based risk transfer products

This paper illustrates how weather derivatives indexed to forecasts of famine can be designed and used by operational agencies and donors to facilitate timely and reliable financing, for effective emergency response to climate-based, slow-onset disasters such as drought. We provide a general fram...


Chantarat, S.Turvey, C.G.Mude, Andrew G.Barrett, Christopher B.[Improving humanitarian response to slow-onset disasters using famine indexed weather derivatives]Improving humanitarian response to slow-onset disasters using famine indexed weather derivatives
Abay, KibromAbate, Gashaw TadesseBarrett, Christopher B.Bernard, T.[Correlated non-classical measurement errors, ‘Second best’ policy inference, and the inverse size-productivity relationship in agriculture]Correlated non-classical measurement errors, ‘Second best’ policy inference, and the inverse size-productivity relationship in agriculture

Index insurance is often promoted as a solution to many of the barriers that are thought to limit the supply of formal insurance coverage to smallholder farmers and livestock owners in developing countries. This manuscript summarizes the state of index insurance, paying special attention to the k...


Jensen, Nathaniel D.Barrett, Christopher B.[Agricultural index insurance for development]Agricultural index insurance for development

Cash transfers and index insurance have become popular interventions by development agencies worldwide, yet surprisingly little is known about these programs' comparative impacts on participant behavior or well-being. This paper exploits exogenous variation in program participation and panel data...


Jensen, Nathaniel D.Barrett, Christopher B.Mude, Andrew G.[Cash transfers and index insurance: A comparative impact analysis from northern Kenya]Cash transfers and index insurance: A comparative impact analysis from northern Kenya

This article describes a novel index-based 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 poverty. We describe the methodology used to design the contract and its underl...


Chantarat, S.Mude, Andrew G.Barrett, Christopher B.Carter, M.R.[Designing index based livestock insurance for managing asset risk in northern Kenya]Designing index based livestock insurance for managing asset risk in northern Kenya

We use herd history data collected among pastoralists in southern Ethiopia to study stochastic wealth dynamics among a poor population. Although covariate rainfall shocks plainly matter, household-specific factors, including own herd size, account for most observed variability in wealth dynamics....


Lybbert, T.J.Barrett, Christopher B.Desta, S.Coppock, D.L.[Stochastic wealth dynamics and risk management among a poor population]Stochastic wealth dynamics and risk management among a poor population
Jingjing, L.Crowther, T.W.Picard, N.Wiser, S.Mo, Z.Alberti, G.Schulze, Ernst-DetlefMcGuire, A.D.Bozzato, F.Pretzsch, H.Miguel, S. dePaquette, A.Hérault, B.Scherer-Lorenzen, M.Barrett, Christopher B.Glick, H.B.Hengeveld, G.M.Nabuurs, G-J.Pfautsch, S.Viana, H.Vibrans, A.C.Ammer, C.Schall, P.Verbyla, D.Tchebakova, N.Fischer, M.Watson, J.V.Han, Y.H.C.Xiandong, L.Schelhaas, M-J.Huicui, L.Gianelle, D.Parfenova, E.I.Salas, C.Lee, E.Lee, B.Hyun, S.K.Bruelheide, H.Coomes, D.A.Piotto, D.Sunderland, T.C.H.Schmid, B.Gourlet-Fleury, S.Sonké, B.Tavani, R.Jun, Z.Brandl, S.Vayreda, J.Kitahara, F.Searle, E.B.Neldner, V.J.Ngugi, M.R.Baraloto, C.Frizzera, L.Balazy, R.Oleksyn, J.Zawila-Niedzwiecki, T.Bouriaud, O.Bussotti, F.Finér, L.Jaroszewicz, B.Jucker, T.Valladares, F.Jagodzinski, A.M.Peri, P.L.Gonmadje, C.Marthy, W.O'Brien, T.Martin, E.H.Marshall, A.R.Rovero, F.Bitariho, R.Niklaus, P.A.Álvarez Loayza, P.Chamuya, N.Valencia, R.Mortier, F.Wortel, V.Engone-Obiang, N.L.Ferreira, L.V.Odeke, D.E.Vásquez, R.M.Lewis, S.L.Reich, P.B.[Positive biodiversity-productivity relationship predominant in global forests]Positive biodiversity-productivity relationship predominant in global forests

The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such int...


Lybbert, T.J.Galarza, F.B.McPeak, J.G.Barrett, Christopher B.Boucher, S.R.Carter, S.Chantarat, S.Fadlaoui, A.Mude, Andrew G.[Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru]Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru

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