This paper estimates the causal effects of index insurance coverage on subjective well-being among livestock herders in southern Ethiopia. The randomization of incentives to purchase index-based livestock insurance and three rounds of panel data are exploited to separately identify ex ante welfare gains from insurance that reduces risk exposure and ex post buyer's remorse effects that may arise after the resolution of uncertainty. Insurance coverage...
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详细
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2017/11/27
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政策研究报告
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WPS8256
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1
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1
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2017/11/27
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Disclosed
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Insuring well-being ? buyer's remorse and peace of mind effects from insurance
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