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Do the Poor Insure? A Synthesis of the Literature on Risk and Consumption in Developing Countries

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Cited by:

  1. Barnes, Kayleigh & Mukherji, Arnab & Mullen, Patrick & Sood, Neeraj, 2017. "Financial risk protection from social health insurance," Journal of Health Economics, Elsevier, vol. 55(C), pages 14-29.
  2. De Weerdt, Joachim & Dercon, Stefan, 2006. "Risk-sharing networks and insurance against illness," Journal of Development Economics, Elsevier, vol. 81(2), pages 337-356, December.
  3. Davies, Simon & Easaw, Joshy & Ghoshray, Atanu, 2009. "Mental accounting and remittances: A study of rural Malawian households," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 321-334, June.
  4. Suri, Tavneet & Bharadwaj, Prashant & Jack, William, 2021. "Fintech and household resilience to shocks: Evidence from digital loans in Kenya," Journal of Development Economics, Elsevier, vol. 153(C).
  5. Renata Baborska & Emilio Hernandez & Emiliano Magrini & Cristian Morales-Opazo, 2020. "The impact of financial inclusion on rural food security experience: A perspective from low-and middle-income countries," Review of Development Finance Journal, Chartered Institute of Development Finance, vol. 10(2), pages 1-18.
  6. Gaurav, Sarthak, 2015. "Are Rainfed Agricultural Households Insured? Evidence from Five Villages in Vidarbha, India," World Development, Elsevier, vol. 66(C), pages 719-736.
  7. Mathilde MAUREL & Zaneta KUBIK, 2014. "Climate Variability and Migration: Evidence from Tanzania," Working Papers P104, FERDI.
  8. Partha Deb & Cagla Okten & Una Osili, 2010. "Giving to family versus giving to the community within and across generations," Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(3), pages 963-987, June.
  9. Skoufias, Emmanuel, 2003. "Economic Crises and Natural Disasters: Coping Strategies and Policy Implications," World Development, Elsevier, vol. 31(7), pages 1087-1102, July.
  10. Nguyen, Thanh-Tung & Nguyen, Trung Thanh & Grote, Ulrike, 2020. "Multiple shocks and households' choice of coping strategies in rural Cambodia," Ecological Economics, Elsevier, vol. 167(C).
  11. Patrick S. Ward & David L. Ortega & David J. Spielman & Neha Kumar & Sumedha Minocha, 2020. "Demand for Complementary Financial and Technological Tools for Managing Drought Risk," Economic Development and Cultural Change, University of Chicago Press, vol. 68(2), pages 607-653.
  12. Besley, Timothy, 1995. "Savings, credit and insurance," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 36, pages 2123-2207, Elsevier.
  13. Paul Mosley & Robert Holzmann & Steen Jorgensen, 1999. "Social protection as social risk management: conceptual underpinnings for the social protection sector strategy paper," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(7), pages 1005-1027.
  14. Thiagu Ranganathan & Sarthak Gaurav & Ashish Singh, 2016. "Demand for Price Insurance among Farmers in India: A Choice Experiment-based Approach," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 10(2), pages 198-224, May.
  15. Patrick-Hervé Mbouombouo Mfossa, 2022. "Mobile money-driven financial inclusion, exposure to shocks and households' financial resilience strategies adoption process: Evidence from Cameroon [Inclusion financière via le mobile money, expos," Working Papers hal-03614064, HAL.
  16. Newman, Carol & Tarp, Finn, 2020. "Shocks and agricultural investment decisions," Food Policy, Elsevier, vol. 94(C).
  17. Ana María Ibañez Londoño & Juan Carlos Muñoz Mora & Philip Verwimp, 2013. "Abandoning Coffee under the Threat of Violence and the Presence of Illicit Crops. Evidence from Colombia," HiCN Working Papers 150, Households in Conflict Network.
  18. Rose, Elaina, 2001. "Ex ante and ex post labor supply response to risk in a low-income area," Journal of Development Economics, Elsevier, vol. 64(2), pages 371-388, April.
  19. Diego Vera-Cossio, 2022. "Targeting Credit through Community Members," Journal of the European Economic Association, European Economic Association, vol. 20(2), pages 778-821.
  20. Maertens, Miet, 2000. "Activity Portfolios In Rural Ethiopia: Choices And Constraints," 2000 Annual meeting, July 30-August 2, Tampa, FL 21839, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  21. Dil Bahadur Rahut & Akhter Ali & Menale Kassie & Paswel P. Marenya & Chudamani Basnet, 2014. "Rural Livelihood Diversification Strategies in Nepal," Poverty & Public Policy, John Wiley & Sons, vol. 6(3), pages 259-281, September.
  22. Santeramo, Fabio Gaetano & Capitanio, Fabian & Adinolfi, Felice, 2014. "Integrating Agricultural Risks Management Strategies in selected EU Partner Countries: Syria, Tunisia, Turkey," MPRA Paper 58935, University Library of Munich, Germany, revised 2014.
  23. Gautam, Narayan Prasad & Chhetri, Bir Bahadur Khanal & Raut, Nirmal Kumar & Tigabu, Mulualem & Raut, Nirjala & Rashid, Muhammad Haroon U. & Ma, Xiangqing & Wu, Pengfei, 2020. "Do earthquakes change the timber and firewood use pattern of the forest dependent households? Evidence from rural hills in Nepal," Forest Policy and Economics, Elsevier, vol. 119(C).
  24. Bernal Lobato, N., 2014. "Essays in applied microeconomics," Other publications TiSEM 9b638b3d-2f83-452a-b2c8-c, Tilburg University, School of Economics and Management.
  25. Philipp Ager & Antonio Ciccone, 2018. "Agricultural Risk and the Spread of Religious Communities," Journal of the European Economic Association, European Economic Association, vol. 16(4), pages 1021-1068.
  26. Giles, John, 2006. "Is life more risky in the open? Household risk-coping and the opening of China's labor markets," Journal of Development Economics, Elsevier, vol. 81(1), pages 25-60, October.
  27. Alfani, Federica & Dabalen, Andrew & Fisker, Peter & Molini, Vasco, 2015. "Can we measure resilience ? a proposed method and evidence from countries in the Sahel," Policy Research Working Paper Series 7170, The World Bank.
  28. Jonathan Morduch, 1995. "Income Smoothing and Consumption Smoothing," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 103-114, Summer.
  29. Key, Nigel & Runsten, David, 1999. "Contract Farming, Smallholders, and Rural Development in Latin America: The Organization of Agroprocessing Firms and the Scale of Outgrower Production," World Development, Elsevier, vol. 27(2), pages 381-401, February.
  30. Santeramo, Fabio Gaetano & Adinolfi, Felice & Capitanio, Fabian & Contò, Francesco & Sasala, Piero, 2013. "Coping with Risks in the Mediterranean Countries? Let the experts explain," MPRA Paper 49852, University Library of Munich, Germany.
  31. Sumon Kumar Bhaumik & Ralitza Dimova & Jeffrey B. Nugent, 2006. "Pulls, Pushes and Entitlement Failures in Labor Markets: Does the State of Development Matter?," CEDI Discussion Paper Series 06-07, Centre for Economic Development and Institutions(CEDI), Brunel University.
  32. Zeller, Manfred, 1994. "Determinants of credit rationing," FCND discussion papers 2, International Food Policy Research Institute (IFPRI).
  33. Abdulai, Awudu & CroleRees, Anna, 2001. "Determinants of income diversification amongst rural households in Southern Mali," Food Policy, Elsevier, vol. 26(4), pages 437-452, August.
  34. K.N. Nair, 2008. "Livelihood Risks and Coping Strategies: A Case Study in the Agrarian Village Of Cherumad, Kerala," Working Papers id:1376, eSocialSciences.
  35. Ligon, Ethan, 2023. "Risk sharing tests and covariate shocks," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2zr503fq, Department of Agricultural & Resource Economics, UC Berkeley.
  36. Ousman Gajigo, 2013. "Credit Constraints and Agricultural Risk for Non‐Farm Enterprises," African Development Review, African Development Bank, vol. 25(4), pages 648-662, December.
  37. Loic Sadoulet, 2002. "Incorporating Insurance Provisions in Microfinance Contracts: Learning from Visa®?," WIDER Working Paper Series DP2002-56, World Institute for Development Economic Research (UNU-WIDER).
  38. Matthieu CLEMENT, 2007. "The relation between private transfers and household income on looking at altruism, exchange and risk-sharing hypotheses. An empirical analysis applied to Russia (In French)," Cahiers du GREThA (2007-2019) 2007-08, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
  39. Nancy McCarthy & Talip Kilic & Alejandro de la Fuente & Joshua M. Brubaker, 2018. "Shelter from the Storm? Household-Level Impacts of, and Responses to, the 2015 Floods in Malawi," Economics of Disasters and Climate Change, Springer, vol. 2(3), pages 237-258, October.
  40. Catherine Larochelle & Jeffrey Alwang, 2013. "The Role of Risk Mitigation in Production Efficiency: A Case Study of Potato Cultivation in the Bolivian Andes," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(2), pages 363-381, June.
  41. Josephson, Anna & Shively, Gerald E., 2021. "Unanticipated events, perceptions, and household labor allocation in Zimbabwe," World Development, Elsevier, vol. 141(C).
  42. Tao Xu, 2017. "Income Diversification and Rural Consumption—Evidence from Chinese Provincial Panel Data," Sustainability, MDPI, vol. 9(6), pages 1-14, June.
  43. Gautam, Madhur & Hazell, Peter & Alderman, Harold, 1994. "Rural demand for drought insurance," Policy Research Working Paper Series 1383, The World Bank.
  44. Khan, Farid & Bedi, Arjun S. & Sparrow, Robert, 2015. "Sickness and Death: Economic Consequences and Coping Strategies of the Urban Poor in Bangladesh," World Development, Elsevier, vol. 72(C), pages 255-266.
  45. Timmer, C. Peter, 2000. "The macro dimensions of food security: economic growth, equitable distribution, and food price stability," Food Policy, Elsevier, vol. 25(3), pages 283-295, June.
  46. repec:dau:papers:123456789/13208 is not listed on IDEAS
  47. Ugo Pica-Ciamarra & Luca Tasciotti & Joachim Otte & Alberto Zezza, 2015. "Livestock in the Household Economy: Cross-Country Evidence from Microeconomic Data," Development Policy Review, Overseas Development Institute, vol. 33(1), pages 61-81, January.
  48. Kazianga, Harounan & Udry, Christopher, 2006. "Consumption smoothing? Livestock, insurance and drought in rural Burkina Faso," Journal of Development Economics, Elsevier, vol. 79(2), pages 413-446, April.
  49. Steven Stillman, 2001. "The Response of Consumption in Russian Households to Economic Shocks," William Davidson Institute Working Papers Series 412, William Davidson Institute at the University of Michigan.
  50. Caselli, Francesco, 1997. "Rural labor and credit markets," Journal of Development Economics, Elsevier, vol. 54(2), pages 235-260, December.
  51. Shirantha Heenkenda, 2015. "Determination of financial risk tolerance among different household sectors in Sri Lanka," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 5(11), pages 206-220, November.
  52. Macours, Karen, 2012. "Volatility, Risk and Household Poverty: Micro-evidence from Randomized Control Trials," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 128293, International Association of Agricultural Economists.
  53. K.N. Nair & Antonyto Paul & Vineetha Menon, 2007. "Livelihood risks and coping strategies: A Case study in the agrarian village of Cherumad, Kerala," Centre for Development Studies, Trivendrum Working Papers 394, Centre for Development Studies, Trivendrum, India.
  54. Makoka, Donald, 2009. "Do rural households smooth their consumption? Applying an asset-based approach to the case of Malawi," MPRA Paper 15398, University Library of Munich, Germany.
  55. Alok Kumar, 2019. "Subjective Income Expectations and Risks in Rural India," Journal of Developing Areas, Tennessee State University, College of Business, vol. 53(3), pages 11-25, Summer.
  56. Schwerhoff, Gregor & Kalkuhl, Matthias & Waha, Katharina, 2016. "Agricultural Risk Management and Land Tenure," VfS Annual Conference 2016 (Augsburg): Demographic Change 145792, Verein für Socialpolitik / German Economic Association.
  57. Patrick S. Ward & Gerald E. Shively, 2015. "Migration and Land Rental as Responses to Income Shocks in Rural China," Pacific Economic Review, Wiley Blackwell, vol. 20(4), pages 511-543, October.
  58. Jalan, Jyotsna & Ravallion, Martin, 2001. "Behavioral responses to risk in rural China," Journal of Development Economics, Elsevier, vol. 66(1), pages 23-49, October.
  59. Fafchamps, Marcel & Udry, Christopher & Czukas, Katherine, 1998. "Drought and saving in West Africa: are livestock a buffer stock?," Journal of Development Economics, Elsevier, vol. 55(2), pages 273-305, April.
  60. Jin, Ling & Chen, Kevin Z. & Yu, Bingxin & Filipski, Mateusz, 2015. "Farmers' Coping Strategies against an Aggregate Shock: Evidence from the 2008 Sichuan Earthquake," 2015 Conference, August 9-14, 2015, Milan, Italy 211814, International Association of Agricultural Economists.
  61. Sirikarn Lertamphainont & Robert Sparrow, 2016. "The Economic Impacts of Extreme Rainfall Events on Farming Households: Evidence from Thailand," PIER Discussion Papers 45, Puey Ungphakorn Institute for Economic Research.
  62. Jalan, Jyotsna & Ravallion, Martin, 1999. "Are the poor less well insured? Evidence on vulnerability to income risk in rural China," Journal of Development Economics, Elsevier, vol. 58(1), pages 61-81, February.
  63. Barrett, Christopher B. & Reardon, Thomas, 2000. "Asset, Activity, And Income Diversification Among African Agriculturalists: Some Practical Issues," Working Papers 14734, Cornell University, Department of Applied Economics and Management.
  64. Doss, Cheryl R., 1994. "Models Of Intrahousehold Resource Allocation: Assumptions And Empirical Tests," Staff Papers 14196, University of Minnesota, Department of Applied Economics.
  65. Robert Holzmann & Steen Jørgensen, 2001. "Social Risk Management: A New Conceptual Framework for Social Protection, and Beyond," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(4), pages 529-556, August.
  66. Philipp Ager & Casper Worm Hansen & Lars Lønstrup, 2014. "Church Membership and Social Insurance: Evidence from the American South," Discussion Papers 14-29, University of Copenhagen. Department of Economics.
  67. Agnieszka Strzelecka & Danuta Zawadzka, 2023. "Savings as a Source of Financial Energy on the Farm—What Determines the Accumulation of Savings by Agricultural Households? Model Approach," Energies, MDPI, vol. 16(2), pages 1-18, January.
  68. Akiyama, Takamasa & Baffes, John & Larson, Donald F. & Varangis, Panos, 2003. "Commodity market reform in Africa: some recent experience," Economic Systems, Elsevier, vol. 27(1), pages 83-115, March.
  69. Bhattamishra, Ruchira & Barrett, Christopher B., 2010. "Community-Based Risk Management Arrangements: A Review," World Development, Elsevier, vol. 38(7), pages 923-932, July.
  70. Ernest Aryeetey & Christopher Udry, 2000. "Saving in Sub-Saharan Africa," CID Working Papers 38, Center for International Development at Harvard University.
  71. Marianna Filandri & Silvia Pasqua & Emanuela Struffolino, 2020. "Being Working Poor or Feeling Working Poor? The Role of Work Intensity and Job Stability for Subjective Poverty," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(3), pages 781-803, February.
  72. Elabed, Ghada & Carter, Michael R., 2015. "Compound-risk aversion, ambiguity and the willingness to pay for microinsurance," Journal of Economic Behavior & Organization, Elsevier, vol. 118(C), pages 150-166.
  73. Meyer, Jessica, 2023. "How do forests contribute to food security following a weather shock? Evidence from Malawi," World Development, Elsevier, vol. 169(C).
  74. Kugler, Adriana D., 2005. "Wage-shifting effects of severance payments savings accounts in Colombia," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 487-500, February.
  75. Grimard, Franque, 1997. "Household consumption smoothing through ethnic ties: evidence from Cote d'Ivoire," Journal of Development Economics, Elsevier, vol. 53(2), pages 391-422, August.
  76. Yasuyuki Sawada, 2007. "The impact of natural and manmade disasters on household welfare," Agricultural Economics, International Association of Agricultural Economists, vol. 37(s1), pages 59-73, December.
  77. Xiao Yu Wang, 2014. "Risk Sorting, Portfolio Choice, and Endogenous Informal Insurance," NBER Working Papers 20429, National Bureau of Economic Research, Inc.
  78. Jeong-Joon Lee & Yasuyuki Sawada, 2005. "Precautionary Saving under Liquidity Constraints: Evidence from Rural Pakistan (Published in "Journal of Development Economics". )," CARF F-Series CARF-F-051, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
  79. Renaud Bourlès & Juliette Rouchier, 2012. "Evolving Informal Risk-Sharing Cooperatives and Other-Regarding Preferences," Working Papers halshs-00793706, HAL.
  80. repec:ebl:ecbull:v:30:y:2010:i:1:p:597-604 is not listed on IDEAS
  81. Jin, Ling & Chen, Kevin Z. & Yu, Bingxin & Huang, Zuhui, 2011. "How prudent are rural households in developing transition economies:," IFPRI discussion papers 1127, International Food Policy Research Institute (IFPRI).
  82. Macours, Karen & Premand, Patrick & Vakis, Renos, 2012. "Transfers, Diversification and Household Risk Strategies: Experimental evidence with lessons for climate change adaptation," CEPR Discussion Papers 8940, C.E.P.R. Discussion Papers.
  83. Gift Dafuleya & Fiona Tregenna, 2021. "How effectively do households insure food consumption and assets against funeral expenses? The case of urban Zimbabwe," Review of Economics of the Household, Springer, vol. 19(4), pages 987-1021, December.
  84. Stefan Dercon, 2002. "Income Risk, Coping Strategies, and Safety Nets," The World Bank Research Observer, World Bank, vol. 17(2), pages 141-166, September.
  85. Daniel Kandie & Khan Jahirul Islam, 2022. "A new era of microfinance: The digital microcredit and its impact on poverty," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(3), pages 469-492, April.
  86. Philippe Delacote & Julia Girard & Antoine Leblois, 2019. "Agricultural households' adaptation to weather shocks in Sub-Saharan Africa: What implications for land-use change and deforestation," Working Papers 1902, Chaire Economie du climat.
  87. Måns Söderbom & Catherine Pattillo, 2000. "Managerial Risk Attitudes and Firm Performance in Ghanaian Manufacturing: an Empirical Analysis Based on Experimental Data," Economics Series Working Papers WPS/2000-17, University of Oxford, Department of Economics.
  88. Larson, D., 2018. "The consequences of cyclone and seasonal crop risks for wealth and technology adoption in rural Mozambique," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275916, International Association of Agricultural Economists.
  89. Nyemeck, J.B. & Gockowski, James & Nkamleu, Guy Blaise, 2008. "The Role of Credit Access in Improving Cocoa Production in West African Countries," 2007 Second International Conference, August 20-22, 2007, Accra, Ghana 52095, African Association of Agricultural Economists (AAAE).
  90. Gilles Grandjean, 2014. "Risk-sharing networks and farsighted stability," Review of Economic Design, Springer;Society for Economic Design, vol. 18(3), pages 191-218, September.
  91. Espen Villanger, 2003. "The effects of disasters on income mobility: Bootstrap inference and measurement error simulations," CMI Working Papers WP 2003:6, CMI (Chr. Michelsen Institute), Bergen, Norway.
  92. Doss, Cheryl R., 1996. "Testing among models of intrahousehold resource allocation," World Development, Elsevier, vol. 24(10), pages 1597-1609, October.
  93. Abigail Barr, 2003. "Risk pooling, commitment and information: An experimental test of two fundamental assumptions," Framed Field Experiments 00124, The Field Experiments Website.
  94. Barrett, C. B. & Reardon, T. & Webb, P., 2001. "Nonfarm income diversification and household livelihood strategies in rural Africa: concepts, dynamics, and policy implications," Food Policy, Elsevier, vol. 26(4), pages 315-331, August.
  95. John Whalley & Ximing Yue, 2009. "Rural Income Volatility and Inequality in China," CESifo Economic Studies, CESifo, vol. 55(3-4), pages 648-668.
  96. Lynn R. Brown & Ugo Gentilini, 2006. "On the Edge: The Role of Food-based Safety Nets in Helping Vulnerable Households Manage Food Insecurity," WIDER Working Paper Series RP2006-111, World Institute for Development Economic Research (UNU-WIDER).
  97. Senbeta, Sisay, 2011. "How applicable are the new keynesian DSGE models to a typical low-income economy?," MPRA Paper 30931, University Library of Munich, Germany.
  98. Abigail Barr & Garance Genicot, 2008. "Risk Sharing, Commitment, and Information: An Experimental Analysis," Journal of the European Economic Association, MIT Press, vol. 6(6), pages 1151-1185, December.
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