€™s Republic of China (PRC). Despite its remarkable economic achievement, the PRC faces a difficult path before it can reform and …

risk requires individual-specific learning (e.g. resolving the uncertainty about matching to an employer), and (c) some … migrants are close to subsistence and the risk of failure is very costly. A model with these features is tested by examining … heterogeneity in take-up and re-migration, and by conducting a new experiment with a migration insurance treatment. Several pieces …

vector space belonging to a general class of such spaces. Given this outcome space,he defines general classes of (a) risk … certainty equivalent outcomes corresponding to a lottery, (c) multi-valued mappings that yield the risk premia corresponding to … results to the problem of computing the value of financial assets to a risk averse decision-maker and show that this value …

Boosting women’s relative control of income and other economic resources has so many consequences that positively … enhance both gender equality and development that female economic empowerment may be close to being a “magic potion …

surveys undertaken in the study area for flood affected households. The analysis is carried out using a risk sharing and self … insurance framework and econometric modeling is carried out using binary outcomes and multivariate probit estimation through GHK …