Risk sharing and public transfers

• 成果类型: Article; Proceedings Paper
• 署名作者: Dercon, S; Krishnan, P
• 署名单位: University of Oxford; University of Cambridge
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/1468-0297.00116
• 发表日期: 2003
• 页码: C86-C94
• 关键词: insurance

摘要

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 fisk-sharing via transfers. There is also evidence consistent with crowding out of informal insurance linked to food aid programmes.