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Risk-Sharing Networks among Households in Rural Ethiopia
Ayalew, Daniel - EconWPA - 2004
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
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The 1998 Third Annual Survey of Risk Management Practices of Unit Trusts in Singapore
LOS, CORNELIS A. - EconWPA - 2004
Liberalization of Singapore's financial sector causes its fund management industry to expand rapidly. As of December 1, 1998 there were 191 unit trusts to choose from. Eventually, Singapore, like the USA and Hong Kong, will have more unit trusts than stocks listed on its exchange. Many...
Persistent link: https://www.econbiz.de/10005076989
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Precautionary Portfolio Behavior from a Life-Cycle Perspective
Bertaut, Carol C.; Haliassos, Michael - EconWPA - 1996
The literature on household asset accumulation draws a sharp distinction between "short-run" precautionary motives to buffer consumption from annual income shocks, and "long-run" life cycle considerations under income certainty. However, estimates of shock persistence imply considerable career...
Persistent link: https://www.econbiz.de/10005134929
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Borrowing Constraints, Portfolio Choice, and Precautionary
Haliassos, Michael; Hassapis, Christis - EconWPA - 1998
This paper studies effects of two classes of borrowing constraints, collateral- and income-based, on wealth accumulation, portfolio behavior and on precautionary motives. We examine the sensitivity of solutions to tightness of constraints, education level, and preference parameters. The models...
Persistent link: https://www.econbiz.de/10005412592
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Family Composition and Off-Farm Participation Decisions in Israeli Farm Households
Kimhi, Ayal - EconWPA - 2003
This article studies the relationship between the off-farm participation behavior of farm operators and their spouses and the demographic composition of the household. I focus on farm families without parents, siblings or partners, and examine the effects of the existence of elderly children of...
Persistent link: https://www.econbiz.de/10005125710
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Working-age Adult Mortality and Primary Sschool Attendance in Rural Kenya
Yamano, Takashi; Jayne, Thomas S. - EconWPA - 2005
The rapid increase in adult mortality due to the AIDS epidemic in sub- Saharan Africa raises great concern about its …
Persistent link: https://www.econbiz.de/10005062404
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Income Diversity in Rural Lithuania: Benefits, Barriers, and Incentives
Bezemer, Dirk; Rutkauskaite, Jurgita; Zemeckis, Romualdas - EconWPA - 2003
Economic hardship, agricultural policy reform and price developments have adversely affected incomes from agricultural …
Persistent link: https://www.econbiz.de/10005062455
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To a Mathematical Model of Economy and Environment Interaction //Mathematical modelling. 2003. V.15. No.4. P.107-121.
Demberel S.; Olenev, Nicholas; Pospelov, Igor - EconWPA - 2003
interaction of livestock farming - one in a two main agricultural branches - and natural pastures that are the essential part of … livestock farming forage reserve is proposed. Macrodescription of livestock farming such as: total and vintage number of … livestock, number of young animals, livestock outputs and production inputs, demand for credit, and profit - follows from the …
Persistent link: https://www.econbiz.de/10005062740
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Income Contributions of Child Work in Rural Ethiopia
Cockburn, John - EconWPA - 2004
The income contribution of child work is undoubtedly a key factor influencing child work and schooling decisions. Yet, few studies have attempted to directly measure this contribution. This is particularly the case for work performed on the household farm, as is the case for the vast majority of...
Persistent link: https://www.econbiz.de/10005407639
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AN OPERATIONAL APPROACH FOR EVALUATING INVESTMENT RISK: AN APPLICATION TO THE NO-TILL TRANSITION
Upadhyay, Bharat M.; Young, Douglas L. - EconWPA - 2004
Roy’s safety-first rule is used to provide measures popular with farmers of short and long term business risk associated with various no-till transition strategies over an investment horizon. The short run rule provided more sensitivity to inter-year financial risk than other commonly used...
Persistent link: https://www.econbiz.de/10005407764