Persistent poverty and informal credit

By Paulo Santos, Christopher B. Barrett. 2011

134 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Safety Research, Soil Science

View Paper: https://www.semanticscholar.org/paper/b87ae6998469516cc5082e7b0fea5b7461f1bb53

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Safety Research

In Soil Science

Citations in the corpus

After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection (2013, unknown): “For the poor and vulnerable, insurance has a modest impact on 15 Santos and Barrett (2011) estimate a threshold of seven to ten tropical livestock units per household.”
Designing Index Based Livestock Insurance for Managing Asset Risk in Northern Kenya (2013, background): “But these schemes cover mainly the idiosyncratic component of loss, and less than 10 percent of household herd losses, on average, they do not include everyone and are generally perceived as in decline (Lybbert et al., 2004; Huysentruyt et al., 2009; Santos and Barrett, 2011).”
Consumption versus asset smoothing: testing the implications of poverty trap theory in Burkina Faso (2012, methodology): “Finally, in an analysis that is complementary to that presented here, Santos and Barrett (2011) find that sampled households in southern Ethiopia are reluctant to informally lend to neighbors whose assets have been driven too low, presumably because they recognize that those neighbors are…”
How Basis Risk and Spatiotemporal Adverse Selection Influence Demand for Index Insurance: Evidence from Northern Kenya (2014, background): “The empirical literature on poverty traps, which have been shown to exist among east African pastoralists (Barrett et al. 2006, Lybbert et al. 2004, Santos and Barrett 2011), indicates that demand may be non-linear with respect to wealth, changing dramatically across certain asset thresholds as…”
The Economics of Poverty Traps and Persistent Poverty: Empirical and Policy Implications (2013, methodology): “Along similar lines, Santos and Barrett (2011) recognise that an unstable herd size threshold between multiple dynamic asset equilibria should naturally create an inverted U-shaped pattern of informal lending in wealth space, contrary to conventional credit rationing models.”