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We develop and estimate a model of dynamic interactions 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 informal agreements,...
Persistent link: https://www.econbiz.de/10005504414
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/10005123633
determined by his/her market income. Men are reluctant to grant women easy access to the labor market as, despite the obvious … on women toward less discrimination, while the exact opposite holds for men with low-income spouses. Our findings suggest …
Persistent link: https://www.econbiz.de/10011083821
may lead to women meeting tougher promotion standards than men. If employers expect women to do more household work than …, specialization in the family will then make women do most of the household work. Such self-fulfilling prophecies can be broken: Both … affirmative action and family policy can make women spend more effort in the market, which can lead the economy to a non …
Persistent link: https://www.econbiz.de/10005661659
The nineteenth century witnessed dramatic improvements in the legal rights of married women. Given that these changes … took place long before women gained the right to vote, they amounted to a voluntary renouncement of power by men. In this … paper, we investigate men's incentives for sharing power with women. In our model, women's legal rights set the marital …
Persistent link: https://www.econbiz.de/10005789186
Portugal, enabling us to link companies to their owners, we show that firms owned by serial entrepreneurs (owners of multiple … to other businesses. These differences are already apparent among the very first businesses of serial entrepreneurs … entrepreneurs as an important source of such heterogeneity …
Persistent link: https://www.econbiz.de/10013213032
women. Here, using a randomized controlled trial, we examine whether access to an individually-held commitment savings … women who have below median decision-making power in the baseline, and we find this leads to a shift towards female …
Persistent link: https://www.econbiz.de/10005792103
Poor families around the world spend a large fraction of their income on consumption of goods that appear to be useless in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such consumption patterns seem to be related to the persistence of...
Persistent link: https://www.econbiz.de/10005504622
female disempowerment are rooted in colonial times. We find that the arrival of Europeans in Uganda ignited a century …-collar (high-status) employment in the wage economy built by the Europeans. Women took somewhat longer to obtain literacy and … colonial period. But gender inequality gradually declined during the latter half of the colonial era, and after Uganda …
Persistent link: https://www.econbiz.de/10011145474
In this paper, we investigate the role of young adult mortality on child labour and educational decisions. We argue that mortality risks are a major source of risks in returns to education in developing countries. We show that, in the absence of appropriate insurance mechanisms, the level of...
Persistent link: https://www.econbiz.de/10005498071