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Insurance and Rural Welfare: What can Panel Data tell us?

Elbers, Chris; Gunning, Jan Willem; Pan, Lei - Tinbergen Institute - 2007

Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …

Persistent link: https://www.econbiz.de/10005450749

Growth and Risk: Methodology and Micro Evidence

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - Tinbergen Institute - 2003

There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...

Persistent link: https://www.econbiz.de/10005137127

Vulnerability in a Stochastic Dynamic Model

Elbers, Chris; Gunning, Jan Willem - Tinbergen Institute - 2003

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the household consumed permanently at the poverty line. The...

Persistent link: https://www.econbiz.de/10005136956

Convergence, Shocks and Poverty

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - Tinbergen Institute - 2002

Using a unique panel data set for rural households in Zimbabwe we estimate a

Persistent link: https://www.econbiz.de/10005504912

Risk Sharing in Labour Markets

Bigsten, Arne; Collier, Paul; Dercon, Stefan; … - Tinbergen Institute - 2003

insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers …

Persistent link: https://www.econbiz.de/10005137118

Regional Wage Differences in the Netherlands: Micro-Evidence on Agglomeration Externalities

Groot, Stefan P.T. de; Groot, Henri L.F. de; Smit, Martijn - Tinbergen Institute - 2011

Based on micro-data on individual workers for the period 2000-2005, we show that wage differentials in the Netherlands are small but present. A large part of these differentials can be attributed to individual characteristics of workers. Remaining effects are partially explained by variations in...

Persistent link: https://www.econbiz.de/10008867509

A Geometry of Specialization

Francois, Joseph F.; Nelson, Douglas - Tinbergen Institute - 1998

Division of labor models have become a standard analytical tool, along with competitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical...

Persistent link: https://www.econbiz.de/10005137114

Determinants of Enterprise restructuring in Transition: Description of a Survey in Russian Industry

Moers, Luc - Tinbergen Institute - 2000

To achieve sustainable economic growth in transition countries, it is crucial that enterprise performance is improved. However, it is not a priori clear which factors are essential for this. For Russia, data to investigate the potential determinants of enterprise performance is scarce....

Persistent link: https://www.econbiz.de/10005137157

Measuring Externalities in Program Evaluation

Janssens, Wendy - Tinbergen Institute - 2005

Impact evaluations of development programmes usually focus on a comparison of participants with a control group. However, if the programme generates externalities for non-participants such an approach will capture only part of the programme’s impact. Based on a unique large-scale quantitative...

Persistent link: https://www.econbiz.de/10005137159

On Socio-economic Roles and Specialization

Gilles, Robert P.; Lazarova, Emiliya; Ruys, Pieter H.M. - Tinbergen Institute - 2006

Xiaokai Yang's theory of economic specialization under increasing returns to scale is a formal development of the fundamental Smith-Young theorem on the extent of the market and the social division of labor. In this theory specialization and, thus, the social division of labor is firmly embedded...

Persistent link: https://www.econbiz.de/10005137288

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