Add to ORKGOne of the biggest obstacles for the development of private crop insurance markets is the systemic risk inherent in crop yields. Driven by spatially correlated weather events, crop losses are highly correlated within a certain area. As a result, the portfolio insurance risk has been raised prohibitively high for viable private crop insurance markets unless subsidized by the government. For example, the portfolio risk faced by U.S. crop insurers is about ten times larger than that of conventional insurance lines (Miranda and Glauber, 1997)
In 2007 and 2008 world food markets observed a significant price boom. Crop failures simultaneously ...
Measuring, modeling, and managing risk has always been an important task for researchers. Many of t...
U.S. farmland has achieved total returns of 10%-13% over the past decade with volatility of only 4%-...
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which ...
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which ...
The purpose of this paper is to estimate county-level aggregate crop insurance and reinsurance losse...
Agriculture is subject to substantial systemic risk of crop yield losses due to widespread natural d...
Australia is an agricultural nation characterised by one of the most naturally diverse climates in t...
Risk theory tells us if an insurer can effectively pool a large number of individuals to reduce the ...
Systemic weather risk is a major obstacle for the formation of private (non- subsidized) crop insura...
An agricultural producer's crop yield and subsequent farming revenues are affected by many complex f...
Evaluation SMART - Auteur hors unité au moment de la publicationThe agricultural economic literature...
This study estimates the probability density function of the Federal Risk Management Agency\u27s (RM...
Numerous authors note failure of private insurance markets to provide affordable and comprehensive c...
This study develops a method to estimate the probability density function of the Federal Risk Manage...
In 2007 and 2008 world food markets observed a significant price boom. Crop failures simultaneously ...
Measuring, modeling, and managing risk has always been an important task for researchers. Many of t...
U.S. farmland has achieved total returns of 10%-13% over the past decade with volatility of only 4%-...
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which ...
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which ...
The purpose of this paper is to estimate county-level aggregate crop insurance and reinsurance losse...
Agriculture is subject to substantial systemic risk of crop yield losses due to widespread natural d...
Australia is an agricultural nation characterised by one of the most naturally diverse climates in t...
Risk theory tells us if an insurer can effectively pool a large number of individuals to reduce the ...
Systemic weather risk is a major obstacle for the formation of private (non- subsidized) crop insura...
An agricultural producer's crop yield and subsequent farming revenues are affected by many complex f...
Evaluation SMART - Auteur hors unité au moment de la publicationThe agricultural economic literature...
This study estimates the probability density function of the Federal Risk Management Agency\u27s (RM...
Numerous authors note failure of private insurance markets to provide affordable and comprehensive c...
This study develops a method to estimate the probability density function of the Federal Risk Manage...
In 2007 and 2008 world food markets observed a significant price boom. Crop failures simultaneously ...
Measuring, modeling, and managing risk has always been an important task for researchers. Many of t...
U.S. farmland has achieved total returns of 10%-13% over the past decade with volatility of only 4%-...