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This article explores some aspects of the representation poverty in development studies from an anthropological perspective. Starting from the history of the category of poverty as the central target for development policy, the article shows how the ways in which poverty is assessed not only...
Persistent link: https://www.econbiz.de/10010605284
Inflation is a far from homogeneous phenomenon, but this fact is ignored in most work on consumer price inflation. Using a novel methodology grounded in theory, the ten sub-components of the consumer price index (excluding mortgage interest rates, or CPIX) for South Africa are modeled separately...
Persistent link: https://www.econbiz.de/10010605285
Identification is an essential attribute of any models parameters, so we consider its three aspects of uniqueness, correspondence to reality and interpretability. Observationally-equivalent over-identified models can co-exist, and are mutually encompassing in the population; correctly-identified...
Persistent link: https://www.econbiz.de/10010605286
To what extent does the policy of Tony Blair`s government reflect the traditional aspirations of social democracy? In macroeconomic policy the emphasis has been on stability, an understandable response to recent UK economic history, but one which has left sterling dangerously overvalued for an...
Persistent link: https://www.econbiz.de/10010605287
The are two either explicitly or implicitly and widely accepted ideas about the distribution of land in Ethiopia after the reform of 1975. First, land distribution in rural Ethiopia is highly equitable, for example compared to other African countries where private ownership exists. Second, the...
Persistent link: https://www.econbiz.de/10010605288
Trust responsiveness is the tendency to fulfill trust because you believe that it has been placed on you. The experiment presented in this paper uses two simple trust games to measure directly or indirectly the robustness of trust responsiveness in three conditions: when beliefs are elicited and...
Persistent link: https://www.econbiz.de/10010605289
Many trade liberalisations and other economic reforms in developing countries, particularly in Africa, have been reversed. In addition to the loss of benefits from reform as such this tendency has led to concern that the response to reform, particularly from investment, may be weakened by the...
Persistent link: https://www.econbiz.de/10010605290
Analysis of five nationally representative household surveys from Uganda show a fall in poverty from 1992-1997. Using an absolute poverty line calculated following Ravallion and Bidani, we find 56% of Ugandans were poor in 1992 falling to 44% in 1997/8. The conclusion that poverty fell is robust...
Persistent link: https://www.econbiz.de/10010605291
This paper shows that a monopolistic certifying party can have incentives to disclose revealing information about the agent he is certifying. Using a three-person game-theoretic model and allowing certificate users (buyers) to have noisy estimates of the quality level of the agent being...
Persistent link: https://www.econbiz.de/10010605292
A theory of decision making is proposed that supplies an axiomatic basis for the concept of satisficing postulated by Herbert Simon. After a detailed review of classical results that characterize several varieties of preference-maximizing choice behavior, the axiomatization proceeds by weakening...
Persistent link: https://www.econbiz.de/10010605293