2015 XXXIX 1

Perceived basis risk and the heterogeneous demand for weather derivatives in Southern Ethiopia

Davide Castellani
Savings and Development Vol. 39(2015), No. 1, pp. 1-35

This paper investigates the role of basis risk in decisions to buy derivatives that protect against drought risk. We conducted a discrete choice experiment on a sample of Ethiopian farmers. The results suggest that there is an inverted U-shaped [...]

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Informal financial market in Ghana: factors influencing participation by maize farmers

Dadson Awunyo-Vitor
Savings and Development Vol. 39(2015), No. 1, pp. 37-58

The study examines characteristics of informal financial market in Ghana and identifies the determinants of maize farmers’ participation in informal financial market. The analysis is based on data collected from a survey of 595 maize farmers in [...]

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