Risk and Reciprocity Over the Mobile Phone Network: Evidence from Rwanda.
A large literature describes how local risk sharing networks can help individuals smooth consumption in the face of idiosyncratic economic shocks. However, when an entire community faces a large covariate shock, and when the transaction costs of transfers are high, these risk sharing networks are l...
Главные авторы: | , , |
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Формат: | Working paper |
Язык: | English |
Опубликовано: |
CSAE (University of Oxford)
2011
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