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Does Forced Solidarity Hamper Investment in Small and Micro Enterprises?

Grimm, Michael - 2013

Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment which we test on data from tailors in Burkina Faso. The empirical results support the idea that there are two behavioural patterns: entrepreneurs following an 'insurance regime'...

Persistent link: https://www.econbiz.de/10013085483

Crowding-Out or Crowding-In? Heterogeneous Effects of Insurance on Solidarity

Landmann, Andreas - 2020

We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding …

Persistent link: https://www.econbiz.de/10012823295

Insurance and Solidarity : Evidence from a Lab-in-The-Field Experiment in Cambodia

Lenel, Friederike - 2017

This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a lab-in-the-field experiment conducted in Cambodia. Half...

Persistent link: https://www.econbiz.de/10012947718

Does Voluntary Risk Taking Affect Solidarity? Experimental Evidence from Kenya

Strobl, Renate - 2017

In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … subjects. The reduction of solidarity is driven by a change in giving behaviour of persons with the risky project. Compared to … to show solidarity is influenced by both the desire for own compensation and attributions of responsibility. Our findings …

Persistent link: https://www.econbiz.de/10012948691

Risky Choices and Solidarity : Why Experimental Design Matters

Wunsch, Conny - 2018

Negative income shocks can either be the consequence of risky choices or random events. A growing literature analyzes the role of responsibility for neediness for informal financial support of individuals facing negative income shocks based on randomized experiments. In this paper, we show that...

Persistent link: https://www.econbiz.de/10012915180

Social Distance and Trust : Experimental Evidence from a Slum in Cairo

Binzel, Christine - 2013

While strong social ties help individuals cope with missing institutions, trade is essentially limited to those who are part of the social network. We examine what makes the decision to trust a stranger different from the decision to trust a member of a given social network (a friend), by...

Persistent link: https://www.econbiz.de/10013087403

Insurance Versus Savings for the Poor : Why One Should Offer Either Both or None

Landmann, Andreas - 2012

and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … also test for the persistence of this crowding-out of solidarity. We find evidence for a reduction of solidarity by …

Persistent link: https://www.econbiz.de/10013111210

Did the Intergenerational Solidarity Pact Increase the Employment Rate of Older Workers in Belgium? A Macro-Econometric Evaluation

Dejemeppe, Muriel - 2015

In December 2005, the Belgian government adopted the law on the Intergenerational Solidarity Pact (ISP) aiming at …

Persistent link: https://www.econbiz.de/10013016379

The Economics, Technology and Neuroscience of Human Capability Formation

Heckman, James J. - 2015

This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics and the economics of cognitive and noncognitive skill formation. A lifecycle investment framework is the foundation for understanding the origins of human inequality and for...

Persistent link: https://www.econbiz.de/10014049108

Temporary Shocks and Offshoring : The Role of External Economies and Firm Heterogeneity

Mitra, Devashish; Jha, Priyaranjan - 2007

We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities, temporary shocks like the Y2K problem can have permanent effects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initial advantage of a country...

Persistent link: https://www.econbiz.de/10014049472