profits. We conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants … strong, and insurance leads to significantly larger agricultural investment and riskier production choices in agriculture …. The salient constraint to farmer investment is uninsured risk: when provided with insurance against the primary …

conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or … leads to significantly larger agricultural investment and riskier production choices in agriculture. The binding constraint … to farmer investment is uninsured risk: when provided with insurance against the primary catastrophic risk they face …

. -- agriculture ; insurance markets ; credit markets ; risk ; underinvestment ; misallocation … conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or … leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …

conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or … leads to significantly larger agricultural investment and riskier production choices in agriculture. The binding constraint … to farmer investment is uninsured risk: when provided with insurance against the primary catastrophic risk they face …