Showing 1 - 10 of 163
This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...
Persistent link: https://www.econbiz.de/10010704406
In response to concerns over the vulnerability of the young in the wake of Indonesia's 1997-1998 economic crises, the Government of Indonesia implemented a supplementary feeding program to support early childhood nutritional status. This paper exploits heterogeneity in duration of program...
Persistent link: https://www.econbiz.de/10011105051
examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child …
Persistent link: https://www.econbiz.de/10005763893
%. At the household level, street paving increased the use of collateral-based credit and average loan size. Additionally … result of pavement. We provide compelling evidence that the mechanism explaining the durable goods increase is the credit … channel: the raise in durable goods as well as in credit use was only present among households with access to financial …
Persistent link: https://www.econbiz.de/10008756380
' inability to cover short-term consumption needs with savings or credit. We conduct a field experiment in rural Zambia to … investigate the relationship between credit availability and rural labor supply. We find that providing households with access to … credit during the growing season substantially alters the allocation of household labor, with households in villages randomly …
Persistent link: https://www.econbiz.de/10011094086
Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural … credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having … institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India …
Persistent link: https://www.econbiz.de/10011100176
use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …
Persistent link: https://www.econbiz.de/10008562538
This paper examines the empirical link between severance pay and corporate finance. Severance pay is an economic debt of the employer and hence should be taken into account by the market in its assessments of risk. Using a hand collected dataset of accounting data from Italy and Austria we find...
Persistent link: https://www.econbiz.de/10005822359
This paper analyses the determinants and impact of labour market reforms in the European Union over the period of 2000-2011. The source of information on reforms is the LABREF database developed in DG ECFIN of the European Commission in cooperation with the Economic Policy Committee of the...
Persistent link: https://www.econbiz.de/10010884385
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009225764