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This paper explores the role social network capital might play in facilitating poor agents' escape from poverty traps … poverty. However, the voluntary nature of costly social network formation also creates both involuntary and voluntary … exclusionary mechanisms that impede some poor households' exit from poverty. Through numerical simulation, we show that the …
Persistent link: https://www.econbiz.de/10012708887
poverty, while saving at low rates. We suggest that individuals care about economic status and hence we interpret this … behavior as conspicuous consumption that is intended to provide a signal about unobserved income. We show that if human capital … expenditure on conspicuous consumption as a fraction of total income is decreasing with income. This equilibrium results in an …
Persistent link: https://www.econbiz.de/10013135041
Anti-poverty policies often aim to reach poor individuals by targeting poor households. However, intra … and total consumption inequality within families. Based on a collective model, we develop a new methodology to compute … individual-level poverty rates that account for intra-household inequality. We show that women, children, and the elderly face …
Persistent link: https://www.econbiz.de/10012916460
consumption patterns seem to be related to the persistence of poverty. We offer an explanation for this observation, based on a …Poor families around the world spend a large fraction of their income on consumption of goods that appear to be useless … in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such …
Persistent link: https://www.econbiz.de/10014217706
Credit and information constraints can affect not only participation levels in different occupations, but also the types of individuals found in those occupations. I develop a model of occupational choice which shows how new information alters expectations and thus occupational choice. Credit...
Persistent link: https://www.econbiz.de/10013033401
income, consumption, or expenditure. This paper offers a first attempt to measure poverty among refugees using cross … measuring poverty among refugee populations. However, refugee data remain scarce, particularly in relation to the measurement of …-survey imputations and administrative and survey data collected by the United Nations High Commissioner for Refugees in Jordan. Employing …
Persistent link: https://www.econbiz.de/10012857830
This chapter studies the interface in poor countries of population growth, rural poverty, and deterioration of the …
Persistent link: https://www.econbiz.de/10014023940
separation runs the risk of rendering impossible any sustainability-oriented price reform. An Institutional Economics approach …
Persistent link: https://www.econbiz.de/10009380807
Persistent link: https://www.econbiz.de/10013184533
We analyze whether the availability of formal insurance products affects informal solidarity transfers in two independent behavioral experiments in the Philippines. The first experiment allows for communication, non-anonymity and unrestricted transfers. The second experiment mimics a laboratory...
Persistent link: https://www.econbiz.de/10012823295