Empirical evidence on the link between financial inclusion and out-of-pocket health expenditure remain sparse while existing studies have mainly not used a multidimensional financial inclusion index. This study examines the link between financial inclusion and out-of-pocket health expenditure in...

We examine the link between ethnic diversity and food insecurity. Using data from the Ghana Living Standards Survey, we measure food insecurity using the Food Insecurity Experience Scale and measure ethnic diversity at the district level using information from the Ghana Population and Housing...

Achieving carbon neutrality by 2050 remains fundamental to limiting global warming to 1.5 °C this century and mitigating the catastrophic effects of climate change. Policymakers have indicated that the transition towards a renewable energy economy is the catalyst for achieving this....

Part I: Setting the Scene -- Chapter 1: Unleashing Potential: The Transformative Power of Financial Inclusion in Fostering Sustainable Rural Development -- Part II: Food Insecurity, Resilience and Health -- Chapter 2: The Discouraged Borrower Syndrome and Rural Household Food Insecurity:...

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...

We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...

This paper reports data from a laboratory experiment on two-period moral hazard problems. The findings corroborate the contract-theoretic insight that even though the periods are technologically unrelated, due to incentive considerations principals can benefit from offering long-term contracts...

We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of some new equipment or technology. Breakdowns occur at the jump times of a Poisson process whose unknown intensity is either high or low. In marked contrast to existing models, we...