Barriers to Household Risk Management: Evidence from India

Working Paper No. 12/195

Nopic
Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and non-price factors in the adoption of an innovative rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not... READ MORE...

Publication date: July 2012
ISBN 9781475505443
$18.00

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Publication date: July 2012

English