Showing 1 - 10 of 580
Using data from an experiment conducted in 70 Colombian communities, we investigate who pools risk with whom when trust is crucial for enforcing risk pooling arrangements. We explore the roles played by risk attitudes and social networks. Both empirically and theoretically, we find that close...
Persistent link: https://www.econbiz.de/10010599137
A single principal interacts with several agents, offering them contracts. The crucial assumption of this paper is that the outside-option payoffs of the agents depend positively on how many free agents there are (these are agents who are not under contract). We study how such a principal,...
Persistent link: https://www.econbiz.de/10005396424
This paper describes and analyzes the results of a unique field experiment especially designed to test the effects of the level of commitment and information available to individuals when sharing risk.  We find that limiting exogenously provided commitment is associated with less risk sharing,...
Persistent link: https://www.econbiz.de/10011004339
This paper describes and analyzes the results of a unique field experiment especially designed to test the effects of the level of commitment and information available to individuals when sharing risk. We find that limiting exogenously provided commitment is associated with less risk sharing,...
Persistent link: https://www.econbiz.de/10005690511
Using data from a field experiment conducted in seventy Colombian municipalities, we investigate who pools risk with whom when risk pooling arrangements are not formally enforced.  We explore the roles played by risk attitudes and network connections both theoretically and empirically.  We...
Persistent link: https://www.econbiz.de/10011004300
We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children. We estimate production functions for cognitive and socio-emotional skills as a function of...
Persistent link: https://www.econbiz.de/10011166038
We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children. We estimate production functions for cognitive and socio-emotional skills as a function of...
Persistent link: https://www.econbiz.de/10011169772
We study the socioeconomic gradient of child development on a sample of low- and middle-income children aged 6–42 months in Bogota using the Bayley Scales of Infant and Toddler Development. We find an average difference of 0.53, 0.42, and 0.49 standard deviations (SD) in cognition,...
Persistent link: https://www.econbiz.de/10011268390
We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is insured, having accounted for public insurance programs....
Persistent link: https://www.econbiz.de/10011210466
We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children. We estimate production functions for cognitive and socio-emotional skills as a function of...
Persistent link: https://www.econbiz.de/10011183122