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  • 1
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Castaing, Pauline Do Index Insurance Programs Live up to their Promises? Aggregating Evidence from Multiple Experiments
    Keywords: Agricultural Decisions ; Agricultural Sector Economics ; Agriculture ; Agriculture Growth ; Bayesian Hierarchical Modeling ; External Validity ; Finance and Financial Sector Development ; Index Insurance ; Index Insurance In Low- and Middle-Income Countries ; Institutional Reform ; Insurance and Risk Mitigation ; Investment in Agriculture ; Small Farm Insurance
    Abstract: Despite limited uptake, index insurance is often seen as one of the most remarkable innovations of the past decades to help smallholder farmers manage risks. This paper uses a Bayesian hierarchical model to aggregate evidence from existing experiments and assess the external validity of their results. The findings show positive but highly heterogeneous responses to index insurance across experiments. Interventions expanding access to index insurance typically boost productive investments by 0.06-0.11 standard deviation on average. However, treatment effects display substantial heterogeneity and there is no evidence that this heterogeneity can be meaningfully explained by basic household characteristics. The existing evidence base thus offers limited insights to predict the impact of index insurance in new settings. The paper concludes that governments and development agencies should remain cautious before investing in the widespread expansion of index insurance
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  • 2
    Language: English
    Pages: 1 Online-Ressource (52 pages)
    Parallel Title: Erscheint auch als Amankwah, Akuffo Labor Market Participation and Employment Choice in Ghana: Do Individual Personality Traits and Gender Role Attitudes Matter?
    Keywords: Education ; Employment Outcome ; Employment Preference ; Gender ; Gender Monitoring and Evaluation ; Gender Norms ; Gender Role Attitudes ; Informal Sector Measurement Study ; Labor Markets ; Multi-Stage Sampling ; Personality Traits ; Poverty Reduction ; Secondary Education Equity ; Self-Employment
    Abstract: In addition to the conventional determinants of labor market participation and the choice between wage employment and self-employment, there is a growing interest of the significance of gender role attitudes and personality traits. This study uses data from the 2022 Ghana Informal Sector Measurement Study to investigate the influence of these factors on employment outcomes in the Northern and Ashanti regions of Ghana. The findings are based on a series of analyses, including descriptive, multinomial logistic, and linear probability model regressions. The empirical results show the critical role played by both gender role attitudes and personality traits in shaping individuals' decisions on labor market participation and employment choices. Notably, personality traits emerge as significant drivers of observed employment outcomes. However, the impact of these personality traits is often mitigated or even reversed in the presence of heightened traditionalism. Furthermore, the gender-disaggregated analysis reveals that possessing at least a secondary education level is a pivotal factor in the selection of men into formal employment, whereas this criterion holds less significance for women. Conversely, once the decision to participate in the labor market has been made, having at least a secondary education becomes relevant for securing wage employment, regardless of an individual's gender
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