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Contract Design in Insurance Groups
Dercon, Stefan; Bold, Tessa - Department of Economics, Oxford University - 2009
whether payments are only made at the time of death or savings are accumulated by the group based on premiums paid ex … show numerically that a contract with savings makes higher demands on enforceability, leading to less cohesive groups … finding it in their interest to choose the contract without savings and that coalition-proofness is a necessary condition for …
Persistent link: https://www.econbiz.de/10004970298
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Risk Sharing Networks among Households in Rural Ethiopia
Ayalew, Daniel - Department of Economics, Oxford University - 2003
We apply the set up of limited commitment model to empirically test the role of informal risk-sharing ntworks using panel data on informal credit transactions from rural Ethiopia. The empirical estimates provide convincing evidence for the belief that enforcement problem limits the direct role...
Persistent link: https://www.econbiz.de/10010605196
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Household-Level Consumption in Urban Ethiopia: The Impact of Food Price Inflation and Idiosyncratic Shocks
Alem, Yonas; Soderbom, Mans - Department of Economics, Oxford University - 2010
We use survey data to investigate how urban households in Ethiopia coped with the food price shock in 2008 and idiosyncratic shocks.  Qualitative data indicate that the high food price inflation was by far the most adverse economic shock between 2004 and 2008, and that a significant proportion...
Persistent link: https://www.econbiz.de/10011004340
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Risk-sharing Networks and Insurance against illness
Dercon, Stefan; Weerdt, Joachim De - Department of Economics, Oxford University - 2002
Most risk-sharing tests on developing country data are conducted at the level of the village; generally, the full risk-sharing hypothesis is rejected. This paper uses detailed data on all insurance networks within a village in Tanzania; networks are not clustered but largely overlapping. We test...
Persistent link: https://www.econbiz.de/10010604848
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Estimating Intertemporal Allocation Parameters using Simulated Expectation Errors
Browning, Martin; Alan, Sule - Department of Economics, Oxford University - 2006
There is widespread agreement that given currently available data, we cannot accurately estimate the parameters of intertemporal allocation using GMM on Euler equations, whether they be exact or approximate. Our reading of this literature and our own results is that this is a small sample...
Persistent link: https://www.econbiz.de/10005047742
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Entrepreneurial Saving Practices and Reinvestment: Theory and Evidence from Tanzanian MSEs
Beck, Thorsten; Pamuk, Haki; Uras, Burak R - Department of Economics, Oxford University - 2014
savings within the household.  We also show that the negative impact of saving within-the-household on investment is more …
Persistent link: https://www.econbiz.de/10011159021
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Firm size and human capital as determinants of productivity and earnings
Teal, Francis; Söderbom, Måns - Department of Economics, Oxford University - 2001
The evidence that earnings rise with firm size and that human capital affects earnings based on labour market data are two of the most robust empirical findings in economics. In contrast the evidence for scale economies in firm data is very weak. The limited direct evidence of human capital on...
Persistent link: https://www.econbiz.de/10011152493
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Skills, investment and exports from manufacturing firms in Africa
Teal, Francis; Söderbom, Måns; Teal, Francis - Department of Economics, Oxford University - 2000
It has been argued that Africa will not be able to export manufactures as it lacks the necessary skills. Without an ability to export there will only be an incentive to invest in the sector if domestic demand grows rapidly. Comparative data for four African countries - the Cameroon, Ghana, Kenya...
Persistent link: https://www.econbiz.de/10011152509
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Women's Empowerment in Action: Evidence from a Randomized Control Trial in Africa
Bandiera, Oriana; Burgess, Robin; Gulesci, Selim; … - Department of Economics, Oxford University - 2014
Women in developing countries are disempowered relative to their contemporaries in developed countries.  High youth unemployment and early marriage and childbearing interact to limit human capital investment and enforce dependence on men.  In this paper we evaluate an attempt to jump-start...
Persistent link: https://www.econbiz.de/10011158997
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Health information, treatment, and worker productivity: Experimental evidence from Malaria testing and treatment among Nigerian sugarcane cutters
Dillon, Andrew; Friedman, Jed; Serneels, Pieter - Department of Economics, Oxford University - 2014
Agricultural and other physically demanding sectors are important sources of growth in developing countries but prevalent diseases such as malaria adversely impact the productivity, labor supply, and occupational choice of workers in these sectors by reducing physical capacity.  This study...
Persistent link: https://www.econbiz.de/10011158999