The Ghana cocoa market has been extensively liberalised over the period since the mid 1980s. Three issues have been prominent in microeconomic research on the effects of liberalisation on agriculture. The first has been the size of any supply response, the second has been the effect on producers...

This dissertation is an empirical investigation on the microeconomics of growth, focusing on the role of shocks and on the formation of credit networks. It uses original data, collected in Southern Ethiopia, an environment where nonlinear wealth dynamics that are at the root of persistent...