Targeting and informal insurance

Arbeitspapier

The standard method of testing for efficient risk-sharing in village economies does not allow one to identify vulnerable households, only to make statements about the average risk in the village, or of sub-groups identifiable on the basis of observables. Here, by working directly with inter-household consumption correlations we are able to identify households, which are probably exposed to unusually high amount of idiosyncratic risk. An obvious use for this identifying information involves targeted interventions to help those households. However, the effectiveness of these interventions depends on the market imperfections which exposes those households to idiosyncratic risk to begin with. Using data from the Indian ICRISAT villages, we trace out the expected outcomes of targeted income transfers given several different hypotheses regarding why some households bear idiosyncratic risk. – targeting ; informal insurance ; risk

Angaben zum Objekt

• ISBN: 9291901350
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WIDER Discussion Paper ; No. 2002/08

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Measurement and Analysis of Poverty ; Information, Knowledge, and Uncertainty: General
• Thema: Dorfwirtschaft ; Armut ; Risiko ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ligon, Ethan
• Ereignis: Veröffentlichung
• (wer): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (wo): Helsinki
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/53068
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ