Montana State University

Sarah Janzen, Ph.D.


Department of Agricultural Economics and Economics

Montana State University
P.O. Box 172920
Bozeman, MT 59717-2920

Tel: (406) 994-3714
Fax: (406) 994-4838

Location: 303 Linfield Hall



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Economic Development, Poverty Dynamics, Risk and Uncertainty, Insurance in Developing Countries

My research interests ultimately stem from a desire to inform and influence policies that can positively impact the global poor.  In my doctoral dissertation, Insuring Against a Poverty Trap, I sought to understand how poor households will react to the introduction of an insurance contract designed to help them cope with risk. This research is timely, since microinsurance has become increasingly popular in the development community as a risk management and poverty reduction tool. My research focuses largely on microinsurance in the presence of a structural poverty trap, and I consider both ex ante and ex post behavioral changes that arise when insurance is introduced. The dissertation includes both a theoretical and empirical component.

Working Papers

Janzen, Sarah A., and Michael R. Carter, (2013). “After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection,” NBER Working Paper No. 19702.

Janzen, Sarah A., Michael R. Carter and Munenobu Ikegami, “Valuing Asset Insurance in the Presence of Poverty Traps.”

Policy Briefs

Carter, Michael R. and Sarah A. Janzen (2012). “Coping with Drought: Assessing the Impact of Livestock Insurance
in Kenya
,” I4 Index Insurance Innovation Initiative Brief 2012-01.