Showing 1 - 10 of 5,631
This chapter studies the interface in poor countries of population growth, rural poverty, and deterioration of the …
Persistent link: https://www.econbiz.de/10014023940
This paper demonstrates that well-established biases in decision making under uncertainty can generate poverty traps. A … erroneously undervalue profitable investments, and ii) poverty increases the magnitude of these investment errors. The model … predicts that poverty is perpetuated by inducing poor individuals to underinvest in profitable opportunities to a greater …
Persistent link: https://www.econbiz.de/10015062969
increase poverty. One of the more interesting but thus far insufficiently explored mechanisms for the latter is food …
Persistent link: https://www.econbiz.de/10014217767
Widespread liberalization in the 1980s and 1990s enabled the freer movement of capital across international borders. Alongside large and often volatile movements in capital flows, risks to macro stability and the health of the financial system have led many countries to reconsider the wisdom of...
Persistent link: https://www.econbiz.de/10013103890
A timely and provocative look at the role political developments and the biology of nutrition play in world famine. …-1850] The Causes of Starvation -- Part II:The Crisis of Nutrition -- [3] The Basics of Nutrition -- [4] The Anatomy and … Physiology of Nutrition -- [5] Agriculture The Birth of Civilization . . .and Famine -- Lessons from the Great Irish Famine [1845 …
Persistent link: https://www.econbiz.de/10012690305
We empirically evaluate two competing explanations about how the dispersion of income within social groups affects household spending on visible goods. Using South African household expenditure data, we find evidence that precisely the reverse of the effect predicted by Charles et al. (2009)...
Persistent link: https://www.econbiz.de/10009691901
A field experiment verifies a theory of bounded rationality as deliberation costs that can explain findings from previous experiments on pricing in developing countries. The model predicts that (1) eliminating deliberation costs will increase purchasing at a higher price without impacting...
Persistent link: https://www.econbiz.de/10013157398
In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...
Persistent link: https://www.econbiz.de/10012771691
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012866354
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012866724