Agricultural index insurance offers the promise of an affordable and sustainable insurance product for farmers that can help reduce their vulnerability to aggregate agricultural shocks such as large-scale drought or flooding. However, index insurance provides claim payments based on a trigger that is only imperfectly correlated with losses. This implies that it carries basis risk: it may provide claim payments in years when there are no losses, and...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2016/07/18
-
Рабочий документ в рамках исследования вопросов политики
-
WPS7744
-
1
-
1
-
2016/07/18
-
Disclosed
-
How to measure whether index insurance provides reliable protection
-
basis risk