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male and female farmers who are offered index-based agricultural insurance with those who are offered a variety of savings … savings for emergencies, even when we controlled for access to informal insurance and differences in crop choice. We … savings at increasing input spending and use. Those who purchased more insurance realized higher average yields and were …
Persistent link: https://www.econbiz.de/10011272207
. This paper shows that such reference dependence can affect savings in opposite directions depending on whether people face … liquidity constraints. Existing models for wealth and intertemporal choice predict that reference dependence reduces savings but … increase optimal savings for people without access to credit. Liquidity constraints force them to take part of an income loss …
Persistent link: https://www.econbiz.de/10011272210
activities, and in many rural communities, secure, safe, and convenient savings and payment facilities hardly existed. In …
Persistent link: https://www.econbiz.de/10008523828
Although food security measurement has been substantially expanded in recent decades, there persists significant dissatisfaction with existing measurement systems, especially in the wake of the global food and financial crisis. In this paper we first set out a list of criteria that an ideal food...
Persistent link: https://www.econbiz.de/10010850572
This study assesses the future growth prospects of Rwanda. The report first focuses on broad economic growth using a rather aggregated 18-sector dynamic general equilibrium model to display the trade-off between rapid growth and structural change. The analysis shows that with the current...
Persistent link: https://www.econbiz.de/10010886779
Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...
Persistent link: https://www.econbiz.de/10010933116
The government of Ethiopia is investing significant public resources to increase overall national production of teff, wheat, and maize. To better understand the likely economywide effects of increases of between 12 and 14 percent in the national production of these cereals, a set of production...
Persistent link: https://www.econbiz.de/10010933122
In this paper we develop a dynamic real-financial computable general equilibrium (CGE) model for Honduras that incorporates working capital. The model is designed to be useful as a development tool and to be used by policymakers who deal with short-run macro and trade issues. Our model extends...
Persistent link: https://www.econbiz.de/10009366814
Public Expenditures, Growth, and Poverty assesses the efficacy of poverty reduction programs in Latin America, Africa, and Asia by synthesizing studies conducted by the International Food Policy Research Institute over the past ten years. Overall, the studies find that investments in...
Persistent link: https://www.econbiz.de/10010752685
The evolution of development policy over time can be characterized as a faltering pursuit of inclusive growth: namely, an integrated program of achieving highest possible rate of growth of the real GDP that doubles per capita income within a short period of time, with an eye on distributive...
Persistent link: https://www.econbiz.de/10010762158