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Stochastic transfers, risky investment and incomes : evidence from an income guarantee program in Thailand

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From 2009 to 2011, the Thai government implemented an income guarantee program for rice, tapioca and maize farmers. Essentially, this program added a non-negative but stochastic component to the incomes of registered farmers. We evaluate the impact of the program on risk attitudes and investment...

Persistent link: https://www.econbiz.de/10011335021