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Risk Sharing and Public Transfers.

Abstract:
We use public transfers in the form of food aid to test for the presence of risk sharing arrangements at the village level in rural Ethiopia. We reject perfect risk-sharing, but find evidence of partial risk-sharing via transfers. There is also evidence consistent with crowding out of informal insurance linked to food aid programmes.

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Journal:
Economic Journal
Volume:
113
Publication date:
2003-01-01
URN:
uuid:020bd202-a7e7-4b5f-9c6d-c702ac680b2c
Local pid:
oai:economics.ouls.ox.ac.uk:10513
Language:
English

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