Showing 1 - 10 of 128
We apply the set up of limited commitment model to empirically test the role of informal risk-sharing networks 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/10005062432
This paper presents a model of smoking choice in which rationality is bounded by limitations in intertemporal computational abilities. The model is applied to the youth decision to initiate smoking. Lifetime smoking paths of representative smokers indicate that youths may experience a reduction...
Persistent link: https://www.econbiz.de/10005134613
A central prediction of the quasi-hyperbolic model of time preference is that consumers will be impatient over short-run tradeoffs. I present the first nonlaboratory test of this implication using data on the nutritional intake of food stamp recipients. Caloric intake declines by 10 to 15...
Persistent link: https://www.econbiz.de/10005561782
This paper examines the determinants of child health in rural Ethiopia for the period 1994-97 using height-for-age z-scores as measures of long-term health. The panel nature of the data helps to control for community, household and individual level heterogeneity. Unlike most previous studies,...
Persistent link: https://www.econbiz.de/10005062453
Although a number of studies have been conducted on health production functions, little attention has been given to pharmaceuticals as a separate input into the production of health. Building upon existing published work, this paper uses an alternative specification and more recent data to...
Persistent link: https://www.econbiz.de/10005413009
If entrepreneurs have private information about factors influencing the outcome of an investment, individual lending is inefficient. The literature emphasizes improvements through non-market organizations that harness local information through peer monitoring. I investigate the complementary...
Persistent link: https://www.econbiz.de/10005124858
The current optimum population models found in economic literature define static optimum population used in forming policy i.e. at a given instant what should be the optimum number of people in a (closed) economy. We believe that although this definition is useful, it is very limiting as far as...
Persistent link: https://www.econbiz.de/10005125782
Negli anni novanta si è diffusa nelle scienze sociali l’idea che la crescita non sia determinata soltanto da fattori di carattere economico, quali il capitale naturale, il capitale fisico e il capitale umano, ma anche dal tessuto sociale e istituzionale dell’economia. Gli aspetti della...
Persistent link: https://www.econbiz.de/10005135033
We present a general equilibrium model that encompasses the endogenous selection of a set of tradeable commodities. At its foundation we introduce the notion of a trade infrastructure as a set of social institutions describing the trade and production technologies available to the agents in the...
Persistent link: https://www.econbiz.de/10005135068
The rapid increase in adult mortality due to the AIDS epidemic in sub- Saharan Africa raises great concern about its impact on child welfare. This article estimates the impact of AIDS-related adult mortality on primary school attendance in rural Kenya using a panel of 1,266 households surveyed...
Persistent link: https://www.econbiz.de/10005062404