In economic decision-making, the binary factor model is widely employed to characterize decision processes and capture individuals' exposures to various factors. This paper reveals that when the binary response is factorized, additional factors emerge, including an augmented time-invariant item...

India's micro, small, and medium enterprises (MSMEs) serve as a critical engine of employment and economic growth, yet they face persistent credit gaps, particularly among unincorporated and high-growth micro-enterprises known as Hired Worker Enterprises (HWEs). Existing interventions have...

The paper proposes to use weekly soil moisture and phenological stage data, provided by SAGyP reports, to predict the yield of corn, soybeans (first and second sow), wheat and sunflower. The adjustment of specific models reveals a close relationship between soil moisture and the final yield of...

This study examines the degree of consumption smoothing achieved through lending via formal institutions and social networks in rural Ethiopia. Lending through social networks and the formal sector coexist currently in rural sub-Saharan Africa. The expansion of formal sector lending is expected...

Just as interdisciplinary sociologists have identified social constructs of efficient market practices, sociologist-philosophers have drawn on classical and contemporary philosophical perspectives in theorizing the morally appropriate boundaries on economic conduct. Through a shared concern with...

Just as interdisciplinary sociologists have identified social constructs of efficient market practices, sociologist-philosophers have drawn on classical and contemporary philosophical perspectives in theorizing the morally appropriate boundaries on economic conduct. Through a shared concern with...

Electrification influences economic choices, not least by allowing households to replace labour with capital and to enhance domestic labour productivity. We test whether newly electrified households invested more in children’s human capital formation, proxied by secondary school enrolments,...

With the rapid advancement of information technology and data collection systems, large-scale spatial panel data presents new methodological and computational challenges. This paper introduces a dynamic spatial panel quantile model that incorporates unobserved heterogeneity. The proposed model...

Artificial intelligence (AI) is rapidly becoming a crucial factor in financial markets globally and has been making headlines in the wider media. While meeting advocates predicting a new era of financial prosperity, critical voices fear tumultuous upheaval. AI might well be a game changer by...

This study examines the impact of economic growth on banking sector performance for 28 Sub-Saharan African countries. To this end, the study uses a dynamic panel model based on the method of generalised moments in a system over the period 2010-2021. The results show that the estimated effects...