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Risk and Return in Village Economies

This paper provides a theory-based empirical framework for understanding the risk and return on productive capital assets and their allocation across activities in an economy characterized by idiosyncratic and aggregate risk and thin formal markets for real and financial assets. We apply our framewo...

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Bibliografische gegevens
Gepubliceerd in:Am Econ J Microecon
Hoofdauteurs: SAMPHANTHARAK, KRISLERT, TOWNSEND, ROBERT M.
Formaat: Artigo
Taal:Inglês
Gepubliceerd in: 2018
Onderwerpen:
Online toegang:https://ncbi.nlm.nih.gov/pmc/articles/PMC6687338/
https://ncbi.nlm.nih.gov/pubmed/31396364
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1257/mic.20160125
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