This paper empirically analyzes a network structure created by the ROSCAs (Rotating Savings and Credit Associations) related to a leaders' network in rural Uzbekistan. The estimation methodology is based on the recent development of ERGMs (Exponential Random Graph Models) whose approximate...

This paper extends a standard altruism model of private transfers to a multiple goods model. It has been pointed out that unlike the exchange-motivated transfers, altruistically motivated private transfers would mitigate income inequality in terms of quantity. However, taking the effect of...

This paper extends a standard altruism model of private transfers to a multiple goods model. It has been pointed out that unlike the exchange-motivated transfers, altruistically motivated private transfers would mitigate income inequality in terms of quantity. However, taking the effect of...

Environmental degradation due to human economic activities is closely linked to poverty in developing countries and can have long-term effects on well-being and sustainable development. This study investigates the nexus between toxic pollution and poverty by examining the economic impacts of...

This study examines the relationship between competition and innovation of Russian firms. We mainly explore (i) the role of competition in stimulating or suppressing product and process innovation and (ii) if the relationship is affected by institutional conditions, such as court fairness,...