Financial Inclusion and Climate Change
Data provided here is necessary to reproduce results presented in "Financial Inclusion Helps Rural Households Address Climate Risk" by Ashwini Chhatre, Prachi Deuskar, Javed Mohib, and Deepanshi Bhardwaj. Our results show that households facing high climate risks hold a higher proportion of assets in liquid form. Access to formal financial services, however, reduces the need to keep liquid assets to be able to respond to high climate variability. Financial inclusion cuts the need for cash-like assets to face climate risk, freeing funds for adaptation to climate change.
Steps to reproduce
The the code, input, and output files to reproduce results presented in "Financial Inclusion Helps Rural Households Address Climate Risk" are stored in the folders. The paths in the Readme.txt code file need to be updated to run them. '.Rmd' files can be run using RStudio, '.do' using Stata and, '.m' using Matlab. The description of each code file including its dependencies are also provided in the respective folders.