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Insurance and Rural Welfare
Elbers, Chris; Gunning, Jan Willem; Pan, Lei - 2007
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving …
Persistent link: https://www.econbiz.de/10014053122
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Insurance and Rural Welfare: What can Panel Data tell us?
Elbers, Chris; Gunning, Jan Willem; Pan, Lei - Tinbergen Institute - 2007
Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10005450749
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Insurance and Rural Welfare: What can Panel Data tell us?
Elbers, Chris; Gunning, Jan Willem; Pan, Lei - Tinbergen Instituut - 2007
insurance in rural communities usually requires a structural model of household behavior under risk. One of the few empirical … would not benefit from the introduction of formal weather insurance. In this paper we investigate how models such as theirs … conclusion that insurance would not be welfare improving. …
Persistent link: https://www.econbiz.de/10011256689
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Economic Growth and the Financial Economics of Capital Accumulation under Shifting Technological Change
Amavilah, Voxi Heinrich S; Newcomb, Richard T. - EconWPA - 2004
This paper develops a simple and practical framework for characterizing (long-run) economic growth and fluid capital accumulation under shifting technological change. The framework specifies a technological change that depends on exogenous and endogenous factors as well as the interaction...
Persistent link: https://www.econbiz.de/10005408266
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Growth and Risk: Methodology and Micro Evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - 2003
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10010324821
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Growth and risk : methodology and micro evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill H. - 2006 - Rev.
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10011334326
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Growth and Risk : Methodology and Micro Evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill H. - 2003
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10014075586
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Growth and Risk: Methodology and Micro Evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - Tinbergen Institute - 2003
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10005137127
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Growth and Risk: Methodology and Micro Evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - Tinbergen Instituut - 2003
This discussion paper resulted in a publication in the 'World Bank Economic Review', 2007, 21, 1-20.<p> There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a...</p>
Persistent link: https://www.econbiz.de/10011256469
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Saving Rates and Poverty : The Role of Conspicuous Consumption and Human Capital
Moav, Omer - 2010
Poor families around the world spend a large fraction of their income consuming goods that do not appear to alleviate 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...
Persistent link: https://www.econbiz.de/10013135041