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The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has...
Persistent link: https://www.econbiz.de/10010339613
The last decade has seen a resurgence of parastatal crop marketing institutions in sub-Saharan Africa, many of which … from smallholder farmers at a pan-territorial price that typically exceeds maize market prices in surplus production areas …
Persistent link: https://www.econbiz.de/10011346613
the same labor market, resulting in a network externality or strategic complementarity in the adoption of the practice. We … legal penalties - are attenuated by arrears in the local labor market. We estimate the arrears reaction function implied by … equilibria under symmetric local labor market competition are satisfied in 1995 and 1998. Simulation results imply a late payment …
Persistent link: https://www.econbiz.de/10011339102
Market completeness has important implications for household behavior. I firmly reject complete markets for …
Persistent link: https://www.econbiz.de/10012290639
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10013270242
In many countries, schools have responded to the COVID-19 pandemic by splitting up classes. While the purpose of dividing classes is clearly health-related, the process of doing so poses an interesting question: what is the best way to divide a class so as to maximize the incentive for students...
Persistent link: https://www.econbiz.de/10012549719
The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...
Persistent link: https://www.econbiz.de/10012419100
This paper develops a simple general equilibrium model which establishes a link between the patience of economic agents and the well-being of nations. We show that firms in long-term oriented countries can mitigate hold-up inefficiencies by engaging with their suppliers in relational contracting...
Persistent link: https://www.econbiz.de/10011810338
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10009314275
It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis … has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in … the workplace rather than by shopping behaviour. This essay places emphasis on firm organisation, rather than market …
Persistent link: https://www.econbiz.de/10011415214