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Heterogeneity and Risk Sharing in Village Economies

Chiappori, Pierre-André - 2011

village, full insurance cannot be rejected, suggesting that relatives provide something close to a complete … would benefit from eliminating village-level risk, less-risk-averse households who are paid to absorb that risk would be …

Persistent link: https://www.econbiz.de/10012461961

Insurance and Propagation in Village Networks

Kinnan, Cynthia - 2020

In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The … suggests that the total magnitude of indirect effects may be larger than the direct effects and that social (village …

Persistent link: https://www.econbiz.de/10012482308

Financing Smallholder Agriculture : An Experiment with Agent-Intermediated Microloans in India

Maitra, Pushkar - 2014

Recent evaluations of traditional microfinance loans have found no significant impacts on borrower incomes or productive activities. We examine whether this can be remedied by (a) modifying loan features to facilitate financing of working capital needs of farmers, and (b) delegating selection of...

Persistent link: https://www.econbiz.de/10012457957

Property Rights and Financial Development : The Legacy of Japanese Colonial Institutions

Yoo, Dongwoo - 2010

Several studies link modern economic performance to institutions transplanted by European colonizers and here we extend this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian colonies, including Korea, Taiwan and Palau. In 1939 Japan...

Persistent link: https://www.econbiz.de/10012462106

Temporary Migration and Endogenous Risk Sharing in Village India

Morten, Melanie - 2016

When people can self-insure via migration, they may have less need for informal risk sharing. At the same time, informal insurance may reduce the need to migrate. To understand the joint determination of migration and risk sharing I study a dynamic model of risk sharing with limited commitment...

Persistent link: https://www.econbiz.de/10012456516

Healing the Wounds : Learning from Sierra Leone's Post-war Institutional Reforms

Casey, Katherine - 2012

While its recent history of civil war, chronic poverty and corrupt governance would cause many to dismiss Sierra Leone as a hopeless case, the country's economic and political performance over the last decade has defied expectations. We examine how several factors--including the legacy of war,...

Persistent link: https://www.econbiz.de/10012460292

Change and Persistence in the Age of Modernization : Saint-Germain-d'Anxure 1730-1895

Blanc, Guillaume - 2019

Using a unique, comprehensive household-level dataset for a single French village from 1730 to 1895, we study the … village. We find that the fall in fertility preceded the rise in education by several decades. Demographic change is plausibly … forces. All these changes occurred in the absence of industrialization in and around the village. We conclude that …

Persistent link: https://www.econbiz.de/10012479446

The Rise and Fall of Local Elections in China : Theory and Empirical Evidence on the Autocrat's Trade-off

Martinez-Bravo, Monica - 2017

reduces the desirability of elections for the autocrat. To test (i) and (ii), we collect a large village-level panel dataset … (iii). In doing so, we shed light on why the Chinese government has systematically undermined village governments twenty …

Persistent link: https://www.econbiz.de/10012453681

Nonlinear Pricing in Village Economies

Attanasio, Orazio - 2015

This paper analyzes and estimates the impact of quantity discounts for basic staples in rural Mexico. We propose a model of price discrimination that nests those of Maskin and Riley (1984) and Jullien (2000), in which consumers differ in their tastes and, due to subsistence constraints, in their...

Persistent link: https://www.econbiz.de/10012456952

Risk and Return in Village Economies

Samphantharak, Krislert - 2013

This paper provides a theory-based empirical framework for understanding the risk and return on productive capital assets and their allocation across activities in an economy characterized by idiosyncratic and aggregate risk and thin formal markets for real and financial assets. We apply our...

Persistent link: https://www.econbiz.de/10012458925