Estimating spatial basis risk in rainfall index insurance: Methodology and application to excess rainfall insurance in Uruguay
This paper develops a novel methodology to estimate the degree of spatial basis risk for an arbitrary rainfall index insurance instrument. It relies on a widelyused stochastic rainfall generator, extendedto accommodate nontraditional dependence patterns—in particular spatial upper-tail dependence in...
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| Format: | Artículo preliminar |
| Language: | Inglés |
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International Food Policy Research Institute
2016
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| Online Access: | https://hdl.handle.net/10568/147562 |
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