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Persistent link: https://www.econbiz.de/10001500603
We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure each other through both formal contracts and...
Persistent link: https://www.econbiz.de/10010264280
We develop and estimate a model of dynamic interactions between households where commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure through both formal contracts and...
Persistent link: https://www.econbiz.de/10010268401
Persistent link: https://www.econbiz.de/10011946954
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We develop and estimate a model of dynamic interactions between households where commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure through both formal contracts and...
Persistent link: https://www.econbiz.de/10003599696
Persistent link: https://www.econbiz.de/10003630524