The financial surplus of agriculture has been central to theories of the role of agriculture in economic development. Morrisson and Thorbecke (MT) have used a constant-price social accounting matrix (SAM) framework to rigorously measure the financial surplus of agriculture and decompose the...

A household's decision to send migrants is based on information the household has on the expected returns and the costs of migration. Information on migration flows from both family migrant networks and community migrant networks. Direct assistance - in the form of money, housing,...

The practice of mutual insurance is conditioned by two types of transaction costs: "association" costs in establishing links with insurance partners and "extraction" costs in using these links to implement insurance transfers. Data on insurance-motivated water exchanges among households along...