Dynamics of Demand for Rainfall Index Insurance : Evidence from a Commercial Product in India

This paper analyzes the dynamic nature of rainfall insurance purchasing decisions. Customers of the Indan microfinance institution BASIX who receive an insurance payout are 9 to 22 percentage points more likely to purchase insurance the following year. This effect cannot be satisfactorily explained...

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Bibliographic Details
Main Author: Stein, Daniel
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2020
Subjects:
Online Access:http://hdl.handle.net/10986/33533