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On the Optimal Size of a Joint Savings Association
Stark, Oded; Budzinski, Wiktor; Jakubek, Marcin; … - 2022
Rotating Savings and Credit Association (ROSCA). We measure the efficiency of a ROSCA by the expected waiting time that it … optimal size of a ROSCA as the number of participants that results in the minimal expected waiting time. We show that an … optimal size of a ROSCA exists, that it is limited, and that it is a multiple of the number of time periods that it takes an …
Persistent link: https://www.econbiz.de/10014081869
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The Demand for Gratitude as a Restraint on the Use of Child Labor : A Hypothesis
Stark, Oded; Budzinski, Wiktor - 2022
We study a parent's demand for gratitude from his child. We view this demand as an intervening variable between the parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while the...
Persistent link: https://www.econbiz.de/10014083886
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On The Optimal Size of A Joint Savings Association
Stark, Oded; Budzinski, Wiktor; Jakubek, Marcin; … - 2022
Rotating Savings and Credit Association (ROSCA). We measure the efficiency of a ROSCA by the expected waiting time that it … optimal size of a ROSCA as the number of participants that results in the minimal expected waiting time. We show that an … optimal size of a ROSCA exists, that it is limited, and that it is a multiple of the number of time periods that it takes an …
Persistent link: https://www.econbiz.de/10013406012
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The demand for gratitude as a restraint on the use of child labor : A hypothesis
Stark, Oded; Budzinski, Wiktor - 2022
We study a parent’s demand for gratitude from his child. We view this demand as an intervening variable between the parent’s earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while...
Persistent link: https://www.econbiz.de/10013308965
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On the optimal size of a joint savings association
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin; … - 2022
Rotating Savings and Credit Association (ROSCA). We measure the efficiency of a ROSCA by the expected waiting time that it … optimal size of a ROSCA as the number of participants that results in the minimal expected waiting time. We show that an … optimal size of a ROSCA exists, that it is limited, and that it is a multiple of the number of time periods that it takes an …
Persistent link: https://www.econbiz.de/10013270242
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On the optimal size of a joint savings association
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin; … - 2022
Rotating Savings and Credit Association (ROSCA). We measure the efficiency of a ROSCA by the expected waiting time that it … optimal size of a ROSCA as the number of participants that results in the minimal expected waiting time. We show that an … optimal size of a ROSCA exists, that it is limited, and that it is a multiple of the number of time periods that it takes an …
Persistent link: https://www.econbiz.de/10013252891
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A class of proximity-sensitive measures of relative deprivation
Stark, Oded; Bielawski, Jakub; Falniowski, Fryderyk - 2017
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011723898
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Inducing human capital formation : migration as a substitute for subsidies
Stark, Oded; Wang, Yong - 2001
When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. The provision of subsidies for the formation of human capital, conditional on the subsidy being self-financed by tax...
Persistent link: https://www.econbiz.de/10009725024
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A Class of Proximity-Sensitive Measures of Relative Deprivation
Stark, Oded - 2017
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p, the class is capable of accommodating both a decreasing weight (the...
Persistent link: https://www.econbiz.de/10012946637
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A class of proximity-sensitive measures of relative deprivation
Stark, Oded; Bielawski, Jakub; Falniowski, Fryderyk - 2017
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011736612