472 research outputs found
Beyond Extended Phenotype: Evolution of Extended Identity in Order to Reconcile Study of Humanity with Biological Evolution
Trains, Trade and Transaction Costs: How Does Domestic Trade by Rail Affect Market Prices of Malawi Agricultural Commodities?
Social Network Capital, Economic Mobility and Poverty Traps
The paper explores the role social network capital might play in facilitating poor agents’ escape from poverty traps. We model endogenous network formation among households heterogeneously endowed with both traditional and social network capital who make investment and technology choices over time in the absence of financial markets and faced with multiple production technologies featuring different fixed costs and returns. We show that social network capital can serve as either a complement to or a substitute for productive assets in facilitating some poor households’ escape from poverty. However, the voluntary nature of costly social network formation also creates both involuntary and voluntary exclusionary mechanisms that impede some poor households’ efforts to exit poverty. The ameliorative potential of social networks therefore depends fundamentally on the underlying wealth distribution in the economy. In some settings, targeted public transfers to the poor can crowd-in private resources by inducing new social links that the poor can exploit to escape from poverty
Economic analysis of resilience: A framework for local policy response based on new case studies
Credit‐Constrained in Risky Activities? The Determinants of the Capital Stocks of Micro and Small Firms in Western Africa
Reducing Corruption in Public Education Programs in Africa: Instruments and Capture in Madagascar
Look Who’s Talking: The Impacts of the Intrahousehold Allocation of Mobile Phones on Agricultural Prices
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