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Heterogeneity and Risk Sharing in Village Economies()

We show how to use panel data on household consumption to directly estimate households’ risk preferences. Specifically, we measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model, which we then test allowing for this heterogeneity. There is substantia...

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Hlavní autoři: Chiappori, Pierre-André, Samphantharak, Krislert, Schulhofer-Wohl, Sam, Townsend, Robert M.
Médium: Artigo
Jazyk:Inglês
Vydáno: 2014
Témata:
On-line přístup:https://ncbi.nlm.nih.gov/pmc/articles/PMC4052898/
https://ncbi.nlm.nih.gov/pubmed/24932226
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3982/QE131
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