the rich to the detriment of the poor. The use of financial and investment dimensions previously missing in the literature …

Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of … how finance affects pro-poor investment channels. Findings reveal, but for the case of foreign investment, financial …

private investment: contrary to mainstream consensus where-in, English common-law countries are better at championing private …

intermediary channels of depth, efficiency, activity and size. Findings show that legal origin matters in the finance-investment … nexus; though its ability to explain aggregate investment dynamics only through financial intermediary channels is limited …

discuss the claims of Andreoni and Sprenger (2012b) that "risk preferences are not time preferences" and assert that this may …

In this paper we show that the wildly popular Holt and Laury (2002) risk preference elicitation method confounds … estimates of the curvature of the utility function, the traditional notion of risk preference, with an estimate of the extent to … that our new method yields significantly different levels of implied risk aversion than the Holt and Laury task even after …

Despite the fact that conceptual models of individual decision making under risk are deterministic, attempts to … econometrically estimate risk preferences require some assumption about the stochastic nature of choice. Unfortunately, the … inferences about structural risk preferences across the competing specifications. Overall, a mixture model combining the two …