Showing 1 - 10 of 88
We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using...
Persistent link: https://www.econbiz.de/10010291783
This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health. The model is estimated for prime age males using the...
Persistent link: https://www.econbiz.de/10010287263
This study tests the prediction that perceived corruption reduces ethical behavior. Integrating a standard "cheating" experiment into a broad household survey in rural Thailand, we find clear support for this prediction: respondents who perceive corruption in state affairs are more likely to...
Persistent link: https://www.econbiz.de/10012388464
This study aims to explore poverty measures, its dynamics and determinants using Multidimensional Poverty Index (MPI) and consumption poverty. Our results show that the two measures assign similar poverty status to about 52 percent of households and that both approaches confirm poverty is mainly...
Persistent link: https://www.econbiz.de/10010292677
This paper investigates the impact of indemnity payments from index insurance on the asset recovery of households after … a catastrophic weather disaster occurs. Our focus is on the Index-Based Livestock Insurance (IBLI) in Mongolia. We … provide evidence on the beneficial effects of index insurance after a weather shock in a developing economy. …
Persistent link: https://www.econbiz.de/10011383096
This paper investigates the role of food self-provisioning for the intake of macro- and micronutrients of households in Mongolia. Our analysis is based on rich household survey data that collected food consumption through consumption diaries. We analyze nutritional outcomes within and across the...
Persistent link: https://www.econbiz.de/10011415293
This paper analyzes the short- and long-term impact of extreme weather events on educational outcomes in Mongolia. Our focus is on two extremely severe winters that caused mass livestock mortality. We use household panel data with comprehensive retrospective information on households' historic...
Persistent link: https://www.econbiz.de/10011415294
nets can give priority to the insurance of other types of risks, such as unemployment, illness or natural disasters. …
Persistent link: https://www.econbiz.de/10010324240
This paper explores the use of informal credit as a strategy for managing risks by market women in northern Ghana. A broad concept of the costs of risk management strategies is introduced and encompasses both a time and monetary dimension. Based on qualitative data, the analysis reveals that...
Persistent link: https://www.econbiz.de/10012038664
We compare seven established risk elicitation methods and investigate how robustly they explain eleven kinds of risky behavior with 760 individuals. Risk measures are positively correlated; however, their performance in explaining behavior is heterogeneous and, therefore, difficult to assess ex...
Persistent link: https://www.econbiz.de/10012038678