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There is a strong link between weather and the welfare of poor populations. Low-frequency, short-term, but catastrophic weather shocks can trigger destructive coping responses to disaster—for example, withdrawal of children from school, distress sale of assets, refugee migration, crime, and sever...


Chantarat, S.Barrett, Christopher B.Mude, Andrew G.Turvey, C.G.[Using weather index insurance to improve drought response for famine prevention]Using weather index insurance to improve drought response for famine prevention

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.Carter, M.R.Chantarat, P.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
Barrett, Christopher B.Mude, Andrew G.Omiti, J.M.[Decentralization and the social economics of development: an overview of concepts and evidence from Kenya]Decentralization and the social economics of development: an overview of concepts and evidence from Kenya

Livestock production in arid and semi-arid rangelands is a risky enterprise. Covariate risk of catastrophic livestock loss due to drought is the most critical uninsured risk facing livestock producers. These losses can lead to persistent poverty. We are trying to design an index based livestock i...


McPeak, J.G.Chantarat, S.Mude, Andrew G.[Explaining index based livestock insurance to pastoralists]Explaining index based livestock insurance to pastoralists

Purpose – The purpose of this paper is to present the methods and findings of an experimental game designed to extend the concept of index-based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed to inform others who may be attempting something similar...


McPeak, J.G.Chantarat, S.Mude, Andrew G.[Explaining index-based livestock insurance to pastoralists]Explaining index-based livestock insurance to pastoralists
Dror, IddoMaheshwari, S.Mude, Andrew G.[Teaching note: Using satellite data to insure livestock: IBLI and the development of the world’s first insurance for African pastoralists]Teaching note: Using satellite data to insure livestock: IBLI and the development of the world’s first insurance for African pastoralists

Mude, Andrew G.Chantarat, S.Barrett, Christopher B.Carter, M.R.Ikegami, MunenobuMcPeak, J.G.[Insuring against drought-related livestock mortality: Piloting index based livestock insurance in northern Kenya]Insuring against drought-related livestock mortality: Piloting index based livestock insurance in northern Kenya

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

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