Limited Commitment Social Control And Risk Sharing Coalitions In Village Economies
DOWNLOAD
Download Limited Commitment Social Control And Risk Sharing Coalitions In Village Economies PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Limited Commitment Social Control And Risk Sharing Coalitions In Village Economies book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Limited Commitment Social Control And Risk Sharing Coalitions In Village Economies
DOWNLOAD
Author : Juan Daniel Hernández
language : en
Publisher:
Release Date : 2023
Limited Commitment Social Control And Risk Sharing Coalitions In Village Economies written by Juan Daniel Hernández and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
The need to insure against idiosyncratic income risk leads to the formation of risksharing groups in village economies where formal financial markets are absent. We develop a theoretical model to address the impact of limited commitment and social control on the extent of informal risk sharing when agents are induced to form such risk-sharing coalitions. Social control increases the prospect of future punishment of present defectors and thus mitigates the absence of commitment. A defection-proof core-partition exists, is unique and homophilic. Riskier societies may not be more segmented and may not pay a higher cost for insurance. A higher social control leads to a less segmented society but does not necessarily lead to a lower price for sharing risk. We provide evidence, based on data on Thai villages, that consumption smoothing conforms with our theoretical result of homophily-based coalitions and that social control contributes to less segmentation of a society.
Risk Sharing In Village Economies Revisited
DOWNLOAD
Author : Tessa Bold
language : en
Publisher:
Release Date : 2016
Risk Sharing In Village Economies Revisited written by Tessa Bold and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Insurance categories.
The limited commitment model is popular for the analysis of village risk-sharing as it captures both the observed partial character of insurance and the presumption that incomes are well observed but formal contracts absent in rural communities. We study dynamic limited commitment when individuals can form new, smaller coalitions after reneging in a larger group, which makes group size an endogenous outcome of the model. This is important for theoretical consistency, but also because we show that enforcement constraints, which typically bind only in case of positive income shocks, counterfactually imply a stronger response of consumption to income increases than to income losses in village-size insurance groups. In small groups, in contrast, the response of consumption to income increases and declines is symmetric. The results show how equilibrium group sizes are much smaller than the typical village, bringing the predicted consumption process in line with the data. We thus argue that allowing for endogenous group formation in the dynamic limited commitment model strongly improves its predictive power for analyzing risk-sharing in village economies.
Chronicles From The Field
DOWNLOAD
Author : Robert M. Townsend
language : en
Publisher: MIT Press
Release Date : 2013-04-12
Chronicles From The Field written by Robert M. Townsend and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-12 with Business & Economics categories.
Lessons learned in the process of designing and implementing one of the longest-running panel data surveys in development economics.
Islamic Finance In Africa
DOWNLOAD
Author : Hassan, M. K.
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-10-20
Islamic Finance In Africa written by Hassan, M. K. and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-20 with Business & Economics categories.
Islamic Finance in Africa discusses the progress, issues and innovations in African Islamic financial markets. It provides a comprehensive overview of Islamic finance in Africa by exploring legal, regulatory and governance challenges while balancing the issues and innovations found in both Islamic commercial and social finance.
The American Economic Review
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2003
The American Economic Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economics categories.
Research Abstracts
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2000
Research Abstracts written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Latin America categories.
Social Epidemiology
DOWNLOAD
Author : Lisa F. Berkman
language : en
Publisher: Oxford University Press
Release Date : 2000-03-09
Social Epidemiology written by Lisa F. Berkman and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-03-09 with Medical categories.
This book shows the important links between social conditions and health and begins to describe the processes through which these health inequalities may be generated. It reviews a range of methodologies that could be used by health researchers in this field and proposes innovative future research directions.
Social Isolation And Loneliness In Older Adults
DOWNLOAD
Author : National Academies of Sciences, Engineering, and Medicine
language : en
Publisher: National Academies Press
Release Date : 2020-05-14
Social Isolation And Loneliness In Older Adults written by National Academies of Sciences, Engineering, and Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-14 with Social Science categories.
Social isolation and loneliness are serious yet underappreciated public health risks that affect a significant portion of the older adult population. Approximately one-quarter of community-dwelling Americans aged 65 and older are considered to be socially isolated, and a significant proportion of adults in the United States report feeling lonely. People who are 50 years of age or older are more likely to experience many of the risk factors that can cause or exacerbate social isolation or loneliness, such as living alone, the loss of family or friends, chronic illness, and sensory impairments. Over a life course, social isolation and loneliness may be episodic or chronic, depending upon an individual's circumstances and perceptions. A substantial body of evidence demonstrates that social isolation presents a major risk for premature mortality, comparable to other risk factors such as high blood pressure, smoking, or obesity. As older adults are particularly high-volume and high-frequency users of the health care system, there is an opportunity for health care professionals to identify, prevent, and mitigate the adverse health impacts of social isolation and loneliness in older adults. Social Isolation and Loneliness in Older Adults summarizes the evidence base and explores how social isolation and loneliness affect health and quality of life in adults aged 50 and older, particularly among low income, underserved, and vulnerable populations. This report makes recommendations specifically for clinical settings of health care to identify those who suffer the resultant negative health impacts of social isolation and loneliness and target interventions to improve their social conditions. Social Isolation and Loneliness in Older Adults considers clinical tools and methodologies, better education and training for the health care workforce, and dissemination and implementation that will be important for translating research into practice, especially as the evidence base for effective interventions continues to flourish.
Communities In Action
DOWNLOAD
Author : National Academies of Sciences, Engineering, and Medicine
language : en
Publisher: National Academies Press
Release Date : 2017-04-27
Communities In Action written by National Academies of Sciences, Engineering, and Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-27 with Medical categories.
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.
Esg Investment
DOWNLOAD
Author : Naoko Nemoto
language : en
Publisher: Brookings Institution Press
Release Date : 2020-02-25
Esg Investment written by Naoko Nemoto and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-25 with Business & Economics categories.
Investors are increasingly integrating environmental, social, and governance (ESG) issues into their investment decisions. Currently, more than half of managed assets in Europe are linked to ESG factors, while in Japan, ESG investment has grown dramatically in recent years. In principle, ESG investment can help to bridge the gap between profit-driven investment and economic and social sustainability in Asia and the Pacific. However, a number of challenges, such as unclear and varied sustainable investment criteria, untested impacts on corporate value and social issues, and the lack of quality data cloud the potential for increasing ESG investment. This book aims to contribute to developing a framework for future analysis and monitoring to ensure the growth of ESG investment.