Abstract Households in developing countries are often impaired in their economic opportunities by major health shocks. In this article, we first investigate the impact of a health shock on rural household consumption and explore the mechanisms how the health shock brings a household into indebtedness.
Linh D. Nguyen+3 more
wiley +1 more source
Impact of index insurance on downside income risk: Evidence from northern Kenya
Abstract We assessed the impact of index‐based livestock insurance (IBLI) on household income and its higher‐order moments (i.e., variance and skewness). The study uses four waves of panel survey data from northern Kenya and applies a two stage least squares (2SLS) instrumental variables regression to estimate the causal impacts.
Kelvin Mashisia Shikuku, Ibrahim Ochenje
wiley +1 more source
Econometric assessment of the monetary policy shocks in Morocco: Evidence from a Bayesian Factor-Augmented VAR [PDF]
The analysis of the effects of monetary policy shocks using the common econometric models (such as VAR or SVAR) poses several empirical anomalies. However, it is known that in these econometric models the use of a large amount of information is accompanied by dimensionality problems. In this context, the approach in terms of FAVAR (Factor Augmented VAR)
arxiv
The impact of HPAI trade restrictions on U.S. poultry exports in 2022–23
Abstract In early 2022, APHIS confirmed a case of highly pathogenic avian influenza (HPAI), signaling the beginning of an extensive HPAI outbreak. Since the start of the outbreak in 2022, more than 105 million birds across commercial and backyard operations in 48 states have been affected. Many countries, including top importers of U.S.
Samantha L. Padilla+2 more
wiley +1 more source
Credit growth and current account balance
In this paper, we investigate the relationship between different loan types and the current account balance along with its sub-components. Our empirical results suggest that a rise in total loans inevitably leads to a deterioration in the current account
Aysu Çelgin, Okan Eren, Pınar Özlü
doaj
Financial Inclusion and Monetary Policy: A Study on the Relationship between Financial Inclusion and Effectiveness of Monetary Policy in Developing Countries [PDF]
The study analyzed the impact of financial inclusion on the effectiveness of monetary policy in developing countries. By using a panel data set of 10 developing countries during 2004-2020, the study revealed that the financial inclusion measured by the number of ATM per 100,000 adults had a significant negative effect on monetary policy, whereas the ...
arxiv
Water pricing and markets: Principles, practices and proposals
Abstract The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited.
Sarah Ann Wheeler+2 more
wiley +1 more source
Monetary and Fiscal Policy Dynamics in an Asymmetric Monetary Union [PDF]
This paper investigates the dynamic effects of monetary and fiscal policy in a monetary union, which is characterized by asymmetric interest rate transmission.
Hans-Werner Wohltmann, Volker Clausen
core +3 more sources
Development and Supervision of Robo-Advisors under Digital Financial Inclusion in Complex Systems
With the rapid development of the market economy, there are more and more projects in the financial industry, and their complexity and technical requirements are getting higher and higher.
Wensheng Dai
doaj +1 more source
Monetary Policy Transparency [PDF]
This chapter examines transparency as a key feature of monetary policymaking by central banks around the world. It begins by presenting a conceptual framework for transparency and reviewing empirical measures, practices, and trends in monetary policy transparency.
openaire +4 more sources