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Risk and savings : a taxonomy
Gunning, Jan Willem - 2008
Risk may induce precautionary saving but it can also reduce saving. The theoretical literature recognizes both possibilities, but favors a positive effect (both for developed and developing countries); the empirical literature is divided, reporting (small) positive effects for developed...
Persistent link: https://www.econbiz.de/10011376643
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Wealth distribution, peasant production and poverty traps in African smallholder agriculture
Hoogeveen, Johannes - 1999
A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...
Persistent link: https://www.econbiz.de/10011453277
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Risk sharing in labour markets
Bigsten, Arne; Collier, Paul; Dercon, Stefan; … - 2003 - Rev.
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/10011334356
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Economic impact of illness with health insurance but without income insurance
Neelsen, Sven; Supon Limwattananon; O'Donnell, Owen; … - 2015
back on saving, and by borrowing. In the short term, informal insurance fills gaps left uncovered by formal insurance but …
Persistent link: https://www.econbiz.de/10010532606
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Subjective expectations of medical expenditures and insurance in rural Ethiopia
Yilma, Zelalem; O'Donnell, Owen; Mebratie, Anagaw; … - 2015
Little is known about perceptions of medical expenditure risks despite their presumed relevance to health insurance … who are offered the opportunity to purchase health insurance. We find that expectations are positively correlated with … persistence and underestimation of the potential gains from insurance. Despite the fact that forecast expenditures do predict …
Persistent link: https://www.econbiz.de/10011376274
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Forecasting aggregate productivity using information from firm-level data
Bartelsman, Eric J.; Wolf, Zoltán - 2009
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10011378362
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Business ownership and economic growth in 23 OECD countries
Carree, Martin Anthony; Stel, Adriaan J. van; Thurik, … - 2000
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011302609
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Social (in)stability, distributive conflicts, and investment in poor and rich economies
Riedl, Arno - 1999 - This version: September, 1999
A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...
Persistent link: https://www.econbiz.de/10011302623
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Determinants of enterprise restructuring in transition : description of a survey in Russian industry
Moers, Luc - 2000
To achieve sustainable economic growth in transition countries, it is crucial that enterpriseperformance is improved. However, it is not a priori clear which factors are essential for this. ForRussia, data to investigate the potential determinants of enterprise performance is scarce.Therefore,...
Persistent link: https://www.econbiz.de/10011303312
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Growth and risk : methodology and micro evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill H. - 2006 - Rev.
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/10011334326