Mutual insurance has been shown, theoretically and empirically, to be incomplete and limited by asymmetric information and lack of enforcement mechanisms. While some research has shown that networks based on kinship, neighborhood and ethnicity may provide a locus of insurance and thus a way of...

A household's decision to send migrants is based on information it has on the entry costs, expected returns, and risks of migration. Information and assistance flow from both family migrant networks and community migrant networks. Using data from a national survey of rural Mexican households, we...

Weather risk and incomplete insurance markets are significant contributors to poverty for rural households in developing countries. Weather index insurance has emerged as a possible tool for overcoming these challenges. This paper provides evidence on the impact of weather index insurance from a...

Climate change has considerably increased the likelihood of experiencing extreme weather events. Governments in developing countries have a limited capacity to smooth the losses created by extreme weather, and could potentially benefit from the introduction of disaster funds, that is, ex-ante...

This paper analyzes how electoral incentives affected the performance of a major decentralized conditional cash transfer program intended on reducing school dropout rates among children of poor households in Brazil. We show that while this federal program successfully reduced school dropout by 8...

This paper analyzes how electoral incentives affected the performance of a major decentralized conditional cash transfer program intended on reducing school dropout rates among children of poor households in Brazil. We show that while this federal program successfully reduced school dropout by 8...

Subjective performance evaluation is widely used by firms and governments to provide work incentives. However, delegating evaluation power to local leadership could induce influence activities: employees might devote too much effort to impressing/pleasing their evaluator, relative to working...

Poor rural households in vulnerable sub-Saharan Africa (SSA) countries have suffered - and will increasingly suffer - losses and damages due to climate change. These losses and damages put at risk the international commitment to meeting the Sustainable Development Goals. The international...

Poor rural households in vulnerable sub-Saharan Africa (SSA) countries have suffered - and will increasingly suffer - losses and damages due to climate change. These losses and damages put at risk the international commitment to meeting the Sustainable Development Goals. The international...