Some promising-ish news on rainfall insurance
Index-based rainfall insurance offers the potential to allow farmers to protect themselves against one of the most important risks they face – the risk of drought (or conversely too much rain).
Wealth-behavior interactions
Wealth and the endogeneity of behavior
Allow me to take the occasion of the 236th “birthday” of my native-born country (celebrated on July 4th here in the U.S.) to go far afield and discuss a topic that, while grounded in empirical social science, doesn’t touch directly on impact evaluation. The topic is how the personality traits of an individual may be related to his or her relative wealth.