This paper discusses the role of social, institutional, and psychological factors in the consumption and borrowing behavior of low-income households, and makes arguments in favor of policy interventions to alleviate some of the challenges of these households. Focus group evidence and findings on...

This research develops a theory of how market structure and belief formation drive survival and ownership of marketplaces. This paper explains the process for deriving theoretical predictions about these phenomena and suggests how comparison of theoretical predictions with actual outcomes in the...

This paper empirically investigates the relationship between commodity prices and wages in the rural labor markets of a developing country (i.e., Bangladesh). Given its basis on a theoretical justification for hysteresis, this empirical study provides a more complete method for investigating...

Using data for Mississippi, this paper revisits Burkey and Simkins' (2004) work on factors determining the number of payday lenders and banks. With data at two levels of geographic aggregation, the paper discovers whether empirical results are robust and allows for uncertainty in geographic...

This paper discusses some of the reasons why the Internet might have a positive effect on the international trade in agricultural and horticultural commodities between the United States and its partners. It provides some simple econometric tests which differentiate the export and import effects...

This paper presents a theory of how industry structure and beliefs about Internet marketplace use have driven choice and ownership of marketplaces. The theory's predictions suggest that surviving Internet marketplaces will be those with strong historical linkages in an industry and those owned...