Suchergebnisse

This paper presents trends in monetary and nonmonetary dimensions of wellbeing in Ethiopia using data from the Household Consumption and Expenditure and Welfare Monitoring surveys implemented in 2000, 2005, and 2011. The paper provides evidence on changes in overlapping deprivations using a non-index approach to multidimensional poverty. It assesses the performance of various dimensions in education, health, and living standards, taking one indicator at a time. It then examines the overlap between different dimensions of poverty and examines how this has changed over time in Ethiopia and across rural and urban areas. It highlights that although Ethiopia's multidimensional poverty index is very high, there have been improvements in overlapping deprivations and, as a result, the number of individuals deprived in multiple dimensions has fallen.

AbstractFarmers throughout the developing world face multiple sources of uninsured risk to agricultural production and household assets. In this paper, we present results from an experimental demand‐elicitation exercise in rural Bangladesh to shed light on smallholder farmers' interest in formal insurance products. We propose a suite of insurance and savings products, and we randomly vary the price of one insurance option (area‐yield insurance) and the presence of one of the savings options (group savings). Consistent with economic theory, farmers buy more of the insurance products that cover the risks they primarily face. However, because farmers are subject to a variety of risks, they do not focus on only one type of insurance; instead, they evenly split their endowment between life and disability insurance and agricultural insurance. Demand for area‐yield insurance falls with price; we also observe important cross‐price elasticities with other insurance products. The presence of group savings does not alter demand for insurance, though group savings is found to be a particularly popular risk management tool, especially when decisions are made in groups.