Consumption Smoothing: Institutions, Incentives and Economic Outcomes Evidence from Framed Field Experiments and Panel Data

Promotie

Consumption Smoothing: Institutions, Incentives and Economic Outcomes Evidence from Framed Field Experiments and Panel Data

Promovendus Aisha A (Aisha) Nanyiti
Promotor prof.dr.ir. EH (Erwin) Bulte
Copromotor prof.dr. JG (Jeroen) Klomp
H (Haki) Pamuk PhD
Organisatie Wageningen University, Wageningen School of Social Sciences (WASS), Development Economics
Datum

do 2 mei 2019 11:00 tot 12:30

Locatie Auditorium, building number 362
Generaal Foulkesweg 1
362
6703 BG Wageningen
0317-483592

Summary

Agriculture sector is the main source of livelihood in Sub-Saharan Africa. The sector employs over 65% of the labour force, of whom 80% are smallholder farmers using poor technologies and relying heavily on family labour. Besides being low, incomes of farmers and agricultural workers experience seasonal fluctuations, and households use insurance institutions to smooth consumption. Insurance institutions are formal or informal, and particular institutions offer differing incentives to households. This thesis investigates incentives pertaining to insurance institutions and finds that policy interventions to improve market outcomes of the poor should not focus on introducing complementary institutions, but rather on supporting cooperation and information programmes to enhance bargaining position of the poor.