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Insuring Peace : Index-Based Livestock Insurance, Droughts, and Conflict

Gehring, Kai; Schaudt, Paul - 2023

We provide novel evidence of how an innovative market-based solution using remote-sensing technology can mitigate conflict. Droughts are a major driver of conflict in Africa, particularly between nomadic pastoralists and sedentary farmers, and climate change is predicted to intensify this...

Persistent link: https://www.econbiz.de/10014356486

Valuing the Time of the Self-Employed

Agness, Daniel; Baseler, Travis; Chassang, Sylvain; … - 2022

People's value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...

Persistent link: https://www.econbiz.de/10013177601

Valuing the Time of the Self-Employed

Agness, Daniel; Baseler, Travis; Chassang, Sylvain; … - 2022

People’s value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...

Persistent link: https://www.econbiz.de/10013305648

When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story

Biancini, Sara; Venet, Baptiste; Ettinger, David - 2021

We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to lend money to wealthier borrowers rather than to the very poor. We focus on the relationship between MFIs and external funding institutions. We assume that both the MFIs and...

Persistent link: https://www.econbiz.de/10013245624

Does Climate Change Make Foodgrain Yields More Unpredictable? Evidence from India

Verma, Saumya; Gupta, Shreekant; Sen, Partha - 2020

How would climate change affect India's agriculture which accounts for sixty percent of employment? We study the impact …

Persistent link: https://www.econbiz.de/10012207926

Credit Supply Shocks and Firm Dynamics: Evidence from Brazil

Bazzi, Samuel; Muendler, Marc-Andreas; Oliveira, Raquel F. - 2023

We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...

Persistent link: https://www.econbiz.de/10014469828

Misallocation in Firm Production: A Nonparametric Analysis Using Procurement Lotteries

Carrillo, Paul; Donaldson, Dave; Pomeranz, Dina; … - 2023

How costly is the misallocation of production that we might expect to result from distortions such as market power …, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place … misallocation and to quantify the welfare losses that it causes. We then consider an application in which thousands of firms …

Persistent link: https://www.econbiz.de/10014377459

Growing by the Masses - Revisiting the Link between Firm Size and Market Power

Afrouzi, Hassan; Drenik, Andres; Kim, Ryan - 2020

(mis)allocation of customers across firms. By increasing market concentration among the most productive firms, the …

Persistent link: https://www.econbiz.de/10012314920

Geography vs. institutions at the village level

Grimm, Michael; Klasen, Stephan - 2008

There is a well-known debate about the roles of geography versus institutions in explaining the long-term development of countries. These debates have usually been based on cross-country regressions where questions about parameter heterogeneity, unobserved heterogeneity, and endogeneity cannot...

Persistent link: https://www.econbiz.de/10010264330

Testing the Pareto efficiency of household resource allocations

Apps, Patricia; Rees, Ray - 2008

In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...

Persistent link: https://www.econbiz.de/10010264378