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Persistent link: https://www.econbiz.de/10011861430
This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded pensions. Using a two-period overlapping generation model with potentially endogenous retirement decisions, it shows that both the type of aging, i.e. declining fertility or...
Persistent link: https://www.econbiz.de/10012986115
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with potentially endogenous retirement decisions, the paper shows that the type of aging, i.e. declining...
Persistent link: https://www.econbiz.de/10013009863
Stress and cognitive burden associated with poverty constrain decision-making regarding investments in the future, which can in turn perpetuate poverty. We exploit the randomized roll-out of Mali’s national cash transfer program to estimate its impact on measures of psychological and emotional...
Persistent link: https://www.econbiz.de/10014264728
This document analyses the evolution of the population coverage and investment of conditional cash transfer (CCT … amounts of each CCT programme. The paper finds that both CCT programme coverage and investment increased significantly in the … — with an investment equivalent to 0.33% of regional GDP, or USUS$ 153 per capita. Preliminary data for 2016 suggest a …
Persistent link: https://www.econbiz.de/10012947745
impact of the program on risk attitudes and investment behavior of small-scale rice farmers in relatively poor North …
Persistent link: https://www.econbiz.de/10011335021
In 2009, the Thai government implemented a price insurance scheme for rice farmers. The program, which was abandoned after only one year, added to the incomes of registered farmers a non-negative but stochastic amount that was decoupled from farmers' agricultural activities. A rich panel data...
Persistent link: https://www.econbiz.de/10011906168
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