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We try to explain why economic conflicts and illegal business often take place in poor countries. We use the concept of subsistence level of consumption (d) and assume a regular concave utility function for consumption levels higher than d. For consumption levels lower than d utility is constant...
Persistent link: https://www.econbiz.de/10005769409
Persistent link: https://www.econbiz.de/10003933260
This paper studies the determinants of the use of different strategies by mobile-users for reducing their spending. This empirical exercise is done with a special survey focused in lowincome people from developing countries such as Argentina, Brazil, Colombia, Mexico, and Peru. Our methodology...
Persistent link: https://www.econbiz.de/10008456332
Access to mobile telephony in Colombia exhibits rather interesting features compared to other countries. Colombia witnessed the beginning of a new alternative for communication consisting in the use of informal resale of minutes on the streets and small stores during the first years of this...
Persistent link: https://www.econbiz.de/10014199072