in The World Bank Economic Review
January 2007; p ublished online January 2007 .
Journal Article. Subjects: Household Behaviour and Family Economics; Intertemporal Choice and Growth; Econometric Modelling; Economic Development. 7767 words.
How exposure to risk affects economic growth is a key issue in development. This article quantifies both the ex ante and ex post effects of risk using long-running panel data for rural...