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Federal Reserve Bank of Chicago.

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Chicago school of economics --- Monetary policy --- Federal Reserve Bank of St. Louis.

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Financial services industry --- Trade regulation --- Corrupt practices --- Law and legislation --- Federal Reserve Bank of New York --- Rules and practice --- Evaluation.

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This paper describes the contract design and institutional features of an innovative rainfall insurance policy offered to smallholder farmers in rural India, and presents preliminary evidence on the determinants of insurance participation. Insurance takeup is found to be decreasing in basis risk between insurance payouts and income fluctuations, increasing in household wealth and decreasing in the extent to which credit constraints bind. These results match with predictions of a simple neoclassical model appended with borrowing constraints. Other patterns are less consistent with the "benchmark" model; namely, participation in village networks and measures of familiarity with the insurance vendor are strongly correlated with insurance takeup decisions, and risk-averse households are found to be less, not more, likely to purchase insurance. We suggest that these results reflect household uncertainty about the product itself, given their limited experience with it.

Accounting --- Banks and Banking Reform --- Debt Markets --- Federal Reserve Bank of New York --- Finance and Financial Sector Development --- Fixed Costs --- Insurance --- Insurance and Risk Mitigation --- Labor Policies --- Liquid Assets --- Local Financial Institutions --- Microfinance --- Moral Hazard --- Poverty Reduction --- Rural Development --- Rural Poverty Reduction --- Savings --- Social Protections and Labor --- Technical Assistance

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The World Bank has produced a huge volume of books and papers on development - 20,000 publications spanning decades, but growing appreciably since 1990. This paper finds evidence that many of these publications have influenced development thinking, as indicated by the citations found using Google Scholar and in bibliographic data bases. However, the authors also find that a non-negligible share of the Bank's publications have received no citations, suggesting that they have had little scholarly influence, though they may well have had influence on non-academic audiences. Individually-authored journal articles have been the main channel for scholarly influence. The volume of the Bank's research output on development is greater than that of any of the comparator institutions identified, including other international agencies and the top universities in economics. The bibliometric indicators of the quality and influence of the Bank's portfolio of scholarly publications are on a par with, or better than, most of the top universities.

Access to Finance --- Accountability --- Affiliates --- Articles --- Banks & Banking Reform --- Bibliographic Data --- Citations --- Corporate Law --- Debt --- Disclosure --- Econometrics --- Economics --- Education --- Environmental economics --- Federal reserve bank of new york --- Finance and Financial Sector Development --- Information and Communication Technologies --- Information Security & Privacy --- Law and Development --- Macroeconomics --- Microfinance --- Multilateral development banks --- Natural resources --- Online databases --- Productivity --- Publishing --- Tertiary Education --- Transition economies --- Web