Reform (FAIR) Act implemented farm program contract payments that do not increase as agricultural prices fall, shifting farm policy toward a greater emphasis on risk management and, in particular, on crop insurance. This shift has resulted in the introduction of new types of insurance policies; especially those that provide both yield and price protection. Several new and innovative crop polici...

In developing countries, the large majority of migrants move inside their own countries or to neighboring regions, yet there is limited evidence on whether internal migrants represent a source of insurance for their household of origin or vice-versa. To test whether transfers sent and received by migrants serve an insurance role, this paper estimates the causal impact of income shocks at a migr...

The changing environment affects agriculture introducing sources of uncertainty. On the other hand, policies to cope with risks may have strong impacts on the environment. We evaluate the effects of public risk management programmes, such as subsidised crop insurance, fertilizer use and land allocation to crops. We implement a mathematical programming model of a representative wheat-tomato farm...

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