Risk Sharing and Public Transfers
Stefan Dercon and
Pramila Krishnan
No DP2002-85, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
We use public transfers in the form of food aid to test for the presence of risk sharing arrangements at the village level in rural Ethiopia. We reject perfect risk-sharing, but find evidence of partial risk-sharing via transfers. There is also evidence consistent with crowding out of informal insurance linked to food aid programmes.
Keywords: Informal sector; Insurance; Risk; Risk management; Transfer payments (search for similar items in EconPapers)
Date: 2002
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Journal Article: Risk Sharing and Public Transfers (2003)
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