In 1984, the world was shocked at the scale of a famine in Ethiopia that caused over half a million deaths, making it one of the worst in recent history.  The mortality impacts are clearly significant.  But what of the survivors?  This paper provides the first estimates the long-term impact...

In contrast to other studies, this paper examines the determinants of short-term child health by controlling for the long-term health status of children.  Using data from rural Ethiopia and linear mixed models that control for individual heterogeneity, the empirical analysis indicate that the...

The underlying motivations for envy or related social preferences and their impact on agricultural innovations are examined by combining data from money burning experimental game and household survey from Ethiopia.  In the first stage of the money burning experimental game, income inequality is...

Using data from experimental games and household survey from 1,200 married couples in three sites in Ethiopia, this paper uses different versions of a voluntary contribution mechanism to test for household efficiency.  The experimental and econometric analyses provide many interesting results...

This paper looks at some recent work on estimating quadratic variation using realised variance (RV) - that is sums of M squared returns. This econometrics has been motivated by the advent of the common availability of high frequency financial return data. When the underlying process is a...

A funeral is a costly occasion. This paper studies indigenous insurance institutions developed to cope with the high costs of funerals, based on evidence from rural areas in Tanzania and Ethiopia. These institutions are based on well-defined rules and regulations, often offering premium-based...

In this paper we study the reliability of the mixed normal asymptotic distribution of realised variance error, which we have previously derived using the theory of realised power variation. Our experiments suggest that the asymptotics is reliable when we work with the logarithmic transform of...

This paper provides limit distribution results for power variation, that is sums of powers of absolute increments, for certain types of time-changed Brownian motion and $alpha $-stable processes. Special cases of these processes are stochastic volatility models used extensively in financial...

This paper provides evidence from one of the poorest countries of the world that the institutions of property rights matter for efficiency, investment and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made...

The income contribution of child work is undoubtedly a key factor influencing child work and schooling decisions. Yet, few studies have attempted to directly measure this contribution. This is particularly the case for work performed on the household farm, as is the case for the vast majority of...