Dissertations / Theses on the topic 'New Household Economics'

Cette thèse retrace l’histoire de l’économie de la famille aux États-Unis entre 1924 et 1981. Je montre que dans la première partie du XXe siècle, les économistes voyaient principalement les comportements au sein de la famille comme le résultat des normes sociales. Par suite, la famille restait pour l’essentiel à la périphérie de l’économie. A la fin des années 1920 et au début des années 1930, le désintérêt de la plupart des économistes pour ce sujet a permis la création d’une économie de la famille au sein de départements d’économie domestique, distincts des départements traditionnels d’économie. Cette sous-discipline explore les contraintes structurelles (psychologiques, sociales et économiques) qui pèsent sur les comportements familiaux tout en cherchant à améliorer la situation des familles. Elle reste marginale en économie, d’une part, parce que les comportements familiaux semblent trop différents des comportements marchands ; d’autre part, parce que des femmes pour l’essentiel la composent. Après 1945, les économistes analysent les comportements familiaux comme étant le résultat de la maximisation de la satisfaction des familles par rapport à des contraintes économiques. L’économie de la famille rejoint alors l’économie néoclassique et devient majoritairement masculine
This dissertation traces the displacement of family economics from the periphery to the center of economics. I show that in the early twentieth century, most economists viewed the family as ruled by social norms – tradition, customs and morals. Accordingly, they did not regard the study of the family as coming within the scope of economics. Women economists who had an interest in family were able to create a separate family economics field within home economics departments in the late 1920s and early 1930s. This field explored the structural constraints on household behavior and was geared towards increasing family welfare. Because household behavior seemed so different from market behavior and because it was a female field, studies on the family remained marginal within economics. After World War II, economists began to interest themselves in consumption and from the 1960s they accounted for a wide range of family behaviors using a utility maximization framework. As family economics became mainstream, it was masculinized

Les choix de localisation des ménages conduisent à divers problèmes tels que la ségrégation entre ménages riches et ménages pauvres et à des inégalités spatiales entre les régions. Cette thèse étudie ces phénomènes à l'aide de modèles théoriques et d'expériences menées en laboratoire. Pour commencer, une expérience dont l’objectif est d’analyser les conditions sous lesquelles est réalisée pour voir sous quelles conditions différentes structures urbaines peuvent être obtenues. En effet, aux Etats-Unis, les riches sont majoritairement en banlieue et les pauvres en centre-ville alors que l'opposé est observé dans les grandes villes européennes. Il apparait que le ratio « coût d'opportunité du temps/la demande de logements » est un facteur essentiel pour expliquer ces types de structure. Ensuite, une étude théorique est menée pour obtenir des structures de villes plus complexes, où les riches et les pauvres sont beaucoup moins en situation de ségrégation. La théorie montre que les politiques publiques peuvent donner des résultats très différents. Puis, nous étudions la répartition du capital humain entre les régions. Dans les pays où elle est inégale, on observe une croissance trop faible dans les régions pauvres et une augmentation des inégalités spatiales. Pour combattre ces inégalités, il est montré qu'il est possible de faire revenir les travailleurs qualifiés dans les régions pauvres car il existe des complémentarités avec les travailleurs non qualifiés. Des études ont montré que ces derniers augmentent la productivité des travailleurs qualifiés. Enfin, une étude expérimentale est faite pour étudier les choix de consommation. Nous testons l’hypothèse de l'existence d'un consommateur représentatif souvent faite en Nouvelle Economie Géographique. Il en ressort que les modèles existant ne prennent pas assez en compte l’hétérogénéité des goûts des consommateurs
Several problems such as spatial inequalities between regions and spatial segregation within cities arise from households’ location choices. The purpose of this dissertation is to address these problems with theoretical and experimental studies. To begin, a laboratory experiment has been conducted in order to understand under which conditions different urban structures emerge. Indeed, in the U.S., spatial segregation occurs and the richer households are located in the suburbs while the poor ones are located downtown. The opposite pattern is observed in several major European cities. It appears in our study that the ratio ‘transportation costs/demand for land’ is a key factor for explaining these two types of segregation. Then, a theoretical model is used to reproduce several types of urban structures, where poor and rich households are located in the same neighborhoods. The theory predicts that policy interventions can lead to very different outcome. Then, the spatial distribution of human capital among regions is studied. Because skilled workers are mainly attracted toward wealthier regions, economic growth is lower in the poorer regions and spatial inequalities increase. The theoretical model predicts that it is possible to bring back the skilled workers in poor regions because there exists complementarities between skilled and unskilled workers. Indeed, the presence of unskilled workers enhances skilled workers' productivity, making their return more profitable. To finish, a laboratory experiment has been conducted to study consumers' behavior. Because in New Economic Geography models, the existence of a representative consumer is often assumed. The relevance of this hypothesis is tested. It appears that the existing models do not take enough into account heterogeneity in tastes among the consumers

This dissertation consists of three essays examining the role of transfer-program interactions for families and households who participate in the social safety net. The safety net is comprised of many different programs, run by different agencies, governed by different rules, and often administered by disparate and secluded entities. However, many households participate in multiple programs, subjecting them to the milieu of administrative hurdles. In this dissertation, I try to untangle some of the intended and unintended effects of program participation that may be experienced by these households. In Essay 1, I examine the effect of the Patient Protection and Affordable Care Act of 2010 (ACA) on food hardship in US households, utilizing food security information from the Food Security Supplement of the Current Population Survey. Because states adopted the Medicaid expansions provided under the ACA at different times beginning in 2014, the cross-state, over time variation allows me to separate the impact of the ACA on food hardship using triple difference specifications. The richness of questions in the Food Security Supplement allows me to examine the effect of the ACA across different measures of food hardship, and also examine differential response for households participating in the Supplemental Nutrition Assistance Program (SNAP). Examining the mechanisms through which the ACA could affect food insecurity, I find the ACA not only increased average weekly food expenditure, but also the probability a household participates in SNAP. I employ a two-stage, control function approach to address reverse causality between SNAP and food insecurity. I find that the ACA reduced the probability that a household participating in SNAP falls into the two lowest food security categories by 6.5 percentage points and reduced the probability of being food insecure by 14.2 percentage points. Across specifications, I find strong evidence for increasing returns to program participation, and evidence of a differential impact of the ACA across the distribution of food hardship. In Essay 2, I examine how grant funding and fiscal structure affect program response over the business cycle. I compare child enrollment in Medicaid, a matching grant funding program, with enrollment the State Children's Health Insurance Program, a block grant funded program, utilizing the similarities in beneficiaries, program benefits, and administration to isolate the impact of fiscal structure. I utilize administrative enrollment records, along with individual level participation data, and find a one percentage point increase in the unemployment rate leads to a 7.6% decrease in the number of beneficiaries per person enrolled in block grant funded programs, and a 10% decrease in state expenditure per person decreases the probability of enrollment in a block grant program by 0.58 percentage points. I also find that enrollment is much more persistent among matching grant funded programs, and being enrolled in a block grant funded program the previous period increases the probability of enrolling in a matching grant program this period 75% more than remaining enrolled in the block grant funded program. Finally, in Essay 3 I explore the effect of the minimum wage on the self-reported value of public assistance program benefits, and the joint effect of the minimum wage and public assistance programs on the income to poverty ratio using data from the 1995-2016 Current Population Survey Annual Social and Economic Supplement. In the first stage, I estimate a Tobit model controlling for the censoring of received benefits from below at zero, and examine the effect of changes in the minimum wage on the self-reported dollar value of benefits received for food stamps/the Supplemental Nutrition Assistance Program (SNAP), Aid to Families with Dependent Children (AFDC)/Temporary Assistance to Needy Families (TANF), Supplemental Security Income (SSI), and the Earned Income Tax Credit (EITC), as well as the total sum of benefits. I find that the minimum wage reduces the value of means-tested benefits, but that this effect is strongest for programs with strong work requirements. Utilizing the residuals from the first stage, I employ a control function approach to estimate the joint effect of the minimum wage and program benefits on the income to poverty ratio. I find the own-effect of the minimum wage provides a small increase in the income to poverty ratio, but that the total effect, accounting for changes in benefits, attenuates by approximately 30%.

In order to make an informed decision on the optimal reduction in greenhouse gas emissions it is necessary to understand fully the damage costs of climate change. However, current modelling techniques fail to provide adequate emphasis on important components of the costs and benefits of avoided climate change. This approach risks over or underestimating true damage costs. Disregard for the amenity value that climate may hold and assumptions that restrict geographic mobility and determine the rate of social discounting may all contribute to significant error. Using spatial variations as an analogue for future climate change, this thesis finds that climate is important in determining the desirability of migration destinations and holds substantial amenity value. It also concludes that more work is required to be confident in assuming an elasticity of marginal utility equal to unity. Alternative techniques, including subjective wellbeing and hypothetical equivalence scales, are utilised to avoid having to make potentially restrictive assumptions on preferences for climate. Finally, this thesis stresses the importance of accounting for measurement error in cross-sectional survey data on household income. It seeks to inform how an econometrician can seek to implement appropriate instrumental variables to overcome this error.

Magister Artium (Development Studies) - MA(DVS)
Over the past years, Zimbabwe has witnessed enormous amounts of economic challenges which have forced many to migrate out of the country in search of better living conditions and employment. The money and goods sent by migrant workers to their families have become very important in alleviating poverty in Zimbabwean households. However, there are a few studies that have been conducted at a household level to explore the role of remittances in alleviating poverty in Zimbabwe. This research examines the role that remittances play in alleviating poverty at a household level in Zimbabwe by using a case study of Epworth remittance-receiving households in Zimbabwe. The main objective of this research is to explore how the remittances sent to the poor households increase their income level and human capital in order to reduce their poverty level. The research mainly focuses on the New Economics of Labour Migration Theory (NELM) to understand the meaning of international migration and its link to remittances. A qualitative research method was used to provide experiences of the households who receive remittances. The information was collected through one on one interviews which were conducted in Epworth to 14 participants who received remittances and one focus group discussion with 6 participants. The study found out that majority of households in Epworth that receive remittances depend solely on the money sent to them by their loved ones, which help them meet their basic needs such as food, clothes and proper sanitation. The qualitative data analysis also showed that the remittances sent to the families increase human capital through the payment of school and hospital fees. However, the participants that were interviewed highlighted that they faced challenges of accessing cash remittances, especially through formal channels. It was established that the majority of households prefer using informal channels to receive their cash because of the presence of long queues at the banks and shortage of hard cash. Policymakers in Zimbabwe need to come up with strategies that will allow easy access to remittances and also encourage migrants to use formal channels which are safe and accountable.

Dans les pays en développement, les institutions économiques sont souvent défaillantes. Cela se traduit par des problèmes structurels tels que l’omniprésence du secteur informel, la corruption généralisée et l’incapacité des États à collecter les impôts. Cette thèse porte sur les politiques publiques permettant d’améliorer le fonctionnement des institutions économiques. Elle se focalise sur deux questions : (1) Quels sont les effets des politiques de réduction de l’informalité ? et (2) Comment les nouvelles technologies affectent la collecte des taxes ? Le premier chapitre étudie à l’aide d’une expérimentation aléatoire l’introduction d’un statut légal facilitant la formalisation des petites entreprises au Bénin. Afin de rendre ce statut attractif le gouvernement l’a accompagné d’incitations supplémentaires créés pour amplifier les bénéfices potentiels de la formalisation. Nous trouvons que très peu d’entreprises se formalisent lorsqu’elles reçoivent uniquement de l’information sur le nouveau statut. Cependant, lorsque l’information est combinée aux incitations, la formalisation augmente de 16,3 points de pourcentage. En revanche, les effets sur les performances des entreprises sont limités, et le coût des incitations est supérieur au total des impôts qu’elles paieront pendant les 10 prochaines années. Enfin, nous montrons comment un ciblage sur les entreprises ayant des caractéristiques proches des entreprises déjà formelles améliorerait l’efficacité de ce type de programme. Le second chapitre étudie l’impact de la formalisation sur les relations intra-ménages, toujours au Bénin. Dans ce contexte, la formalisation renforce les droits de propriété et clarifie au sein des ménages qui est le propriétaire légal de l’entreprise, et qui la gardera en cas de divorce. L’effet causal de la formalisation est identifié à l’aide de l’expérimentation aléatoire déjà utilisée pour le premier chapitre. Nous trouvons que les entrepreneurs s’étant formalisés ont plus de contrôle les ressources de leur ménage. Ils ou elles contribuent proportionnellement moins aux dépenses du ménage et transfèrent moins d’argent à leur partenaire. Deuxièmement, en utilisant un jeu comportemental dans lequel les entrepreneurs peuvent cacher un transfert monétaire à leur partenaire, nous trouvons que les femmes qui se sont formalisées cachent davantage à leur mari. A l’aide d’un modèle théorique, nous montrons que ce résultat est compatible avec l’idée que les femmes ne sont pas libres d’investir comme elles le souhaiteraient dans leur entreprise et doivent le faire secrètement. Notre conclusion est que la formalisation a des effets importants sur les dynamiques intra-ménage. Le troisième chapitre utilise une expérimentation aléatoire conduite au Tadjikistan pour étudier l’impact d’un système permettant aux entreprises de déclarer leurs taxes en ligne plutôt que de soumettre un formulaire en personne. Nous trouvons que ce système réduit le temps passé par les entreprises pour remplir leurs obligations fiscales de 5 heures par mois. Nous ne trouvons pas d’effets sur le montant des impôts payés ni sur le versement de pots-de-vin. En revanche, l’absence d’effets moyens masque une importante hétérogénéité. Les entreprises le plus susceptibles de faire de l’évasion fiscale dans le système précédent payent davantage d’impôts quand elles déclarent en ligne, probablement car elles ne peuvent plus entrer en collusion avec les agents des impôts. À l'inverse, les entreprises qui étaient les moins susceptibles de faire de l’évasion, payent moins des taxes quand elles déclarent en ligne, suggérant qu’elles étaient forcées de payer plus d’impôts avant. Ces entreprises paient également moins de pots-de-vin, ce qui suggère que déclarer en ligne offre une protection contre le risque d'extorsion de la part des agents du fisc. Notre conclusion est que permettre la déclaration des taxes en ligne a rendu l’appareil fiscal à la fois plus efficace et plus juste
In many developing countries, economic institutions are failing. This translates into structural problems such as widespread informality, rampant corruption and the impossibility for governments to raise taxes. This thesis study how economic policies affect economic institutions in developing countries. It focuses on two broad questions: (1) What are the effects of policies to reduce informality? and (2) how are new technologies reshaping the way governments collect taxes?The first chapter uses a randomized experiment to study the introduction of a new legal status in Benin, created to make it easier for small firms to become formal. To make this new status attractive, the government added supplementary incentives designed to enhance the presumed benefits of formalizing. We find that few firms register when just given information about the new regime, but our full package of supplementary efforts boosts formalization by 16.3 percentage points. However, this formalization does not bring firms higher sales, profits or access to credit, and the cost of formalizing these firms exceeds the added taxation they will pay over the next decade. We show how better targeting of these policies towards firms that look more like formal firms to begin with can increase the formalization rate and improve cost-effectiveness. The second chapter studies the impact of formalization on intra-household relationships, still in Benin. The idea behind this chapter is that formalization changes effective property rights by clarifying who in the household is the legal owner of the business and who will keep it in case of divorce. The causal effect of formalization is identified using the same random experiment used for the first chapter. We find first that formalization increases entrepreneurs' (both male and female) control over household revenue. They contribute proportionally less to household expenditures and to the personal expenses of their partner. Second, using a behavioral game, we find strong gender differential effects of formalization on the probability that entrepreneurs pay to hide a windfall transfer from their spouse. Female entrepreneurs are much more likely to pay to hide, while male entrepreneurs are much less likely to do so. Using a theoretical model, we show that this result is compatible with the idea that women entrepreneurs are constrained and cannot invest as much as they would like in their own business. Women who became formal hide the windfall transfer more because they have more property rights and want to invest more in their business. Our conclusion is that formalization has important effects on intra-household dynamics.The third and final chapter of this thesis deals with the second question and examines how internet is changing the way taxes are collected. Specifically, we study the impact of electronic tax filing (e-filing) for small firms to replace in-person submission of paper-based forms to tax officials. We examine the impact of e-filing on compliance costs, tax payments, and bribes payments using experimental variation and data from Tajikistan firms. We find that firms that e-file have lower compliance costs, spending five fewer hours each month on fulfilling tax obligations. There are no significant average effects of e-filing on tax or bribe payments, but significant heterogeneity exists across firms by their baseline likelihood of tax evasion. Among firms previously more likely to evade, e-filing doubles tax payments, likely by disrupting collusion with officials. Conversely, among firms less likely to have been evading, e-filing reduces tax payments, suggesting that officials had previously required them to pay more. These firms also pay fewer bribes, as e-filing reduces opportunity for extortion. Our conclusion is that e-filing reduces compliance costs and makes the distribution of tax payments across firms arguably more equitable

Esta tese tem como objetivos: [i] estabelecer os fatores preponderantes para a decisão de investimentos em ativos capazes de gerar de renda mensal de longo prazo; [ii] desenvolver ferramentas de avaliação do investimento para auxiliar na tomada de decisão; e [iii] identificar as expectativas dos investidores, com o intuito de construir um conjunto de premissas para o desenvolvimento de produtos mais ajustados aos seus anseios. Isto é feito por meio de análise comparativa com outras oportunidades de investimento, que leva em conta as expectativas, o humor e as características culturais, racionais, emocionais do investidor e do ambiente externo que o cerca. Para isso é necessário ampliar o conhecimento no campo da análise do comportamento do investidor, com base em sua percepção e expectativas acerca da oportunidade de investimento para a geração de renda mensal de longo prazo (RMLP). É preciso conhecer melhor as raízes das necessidades, desejos e aspirações do ser humano, e da diversidade proveniente das características particulares de cada indivíduo que vive em uma sociedade moderna e organizada, em um mundo que está evoluindo muito rapidamente, com escassez de recursos naturais, de energia e que apresenta grandes mudanças na estrutura da sociedade, das ciências econômicas, do conhecimento e do trabalho, e que, em seu íntimo, busca a felicidade no que entende ser melhor, principalmente para si e para a sua família.
This thesis aims: [i] to establish the predominant factors in the decision-making of investment in assets capable of generating long-term income; [ii] to develop tools for evaluating the investment to assist in the decision-making, and [iii] to identify the expectations of investors, with the aim of building a set of assumptions for the development of products more tailored to their desires. This is done through comparative analysis with other opportunities for investment, which takes into account the expectations, mood, and cultural, rational, and emotional characteristics of the investor and the environment that surrounds him. To this end, it is necessary to expand the knowledge in the field of analysis of the investors behavior, based on his perception and expectations about the investment opportunity for the generation of \"long-term monthly income\" (RMLP). We need to understand better the roots of the needs, desires, and aspirations of human beings, and diversity resulting from the particular characteristics of each individual who lives in a modern and organized society, in a world that is evolving very quickly, with scarcity of natural resources and energy, and that presents great changes in the structure of society, of economic sciences, knowledge and work, and who at his core, seeks the happiness in what he thinks is best, especially for himself and his family.

This dissertation describes the manner by which a multinational corporation (MNC) enacts a market-based logic with a locally embedded partner in a complex and unfamiliar operating setting to fulfil both business and social objectives. It examines a hybrid partnership between BP, an MNC, and SSP, a rural Indian non-governmental organisation (NGO). Together, the organisations trained rural women, who were affiliated with SSP, as agents to distribute and sell BP’s ‘smokeless’ cookstoves and fuel pellets to households who cook on smoky firewood stoves. The research draws on two theories—neo-institutional organizational theory and real markets theory—to examine the process by which logics are aligned across partners and projected and translated into the rural Indian exchange setting. It constructs a four-actor model (MNC, NGO, agent, customer) to explore the exchange relationships between the actors at the meso- and micro-levels. At the meso-level, it explains how the MNC and NGO’s non-aligned logics, asymmetric power dynamics, and lack of mutual trust contribute to the venture’s failure. In addition, the NGO was so determined to succeed as a professional, market-driven, channel partner that it shed part of its identity as a civil advocacy organisation and adopted mainstream commercial practices that were not sensitive to the needs of its local stakeholders. At the micro-level, the partners did not come to a common understanding with the agents regarding the cultural challenges they faced marketing the stove. Moreover, the marketing strategy glossed over the multi-layered social relationships and culinary, behavioural, and religious practices that needed to be translated for the technology to meet the needs of consumers. Using gritty ethnographic data, the dissertation highlights a challenge that large, foreign companies face when entering ‘Base of the Pyramid’ markets, namely the inconsistency between the MNC’s market logic and the wider associational logics that motivate village agents and customers.

L’insicurezza alimentare colpisce soprattutto le famiglie rurali povere che vivono di agricoltura di sussistenza nei Paesi in via di Sviluppo. Nell’ottica di fornire un supporto alle comunità che si trovano in queste condizioni, L’Università Cattolica del Sacro Cuore e la Fondazione Romeo ed Enrica Invernizzi hanno avviato nel 2012 il progetto “Produzione di cibo appropriato, sufficiente, sicuro e sostenibile”. Il progetto si propone di avviare Centri Pilota in collaborazione con le diocesi che promuovano uno una intensificazione delle produzioni agricole e una dieta sostenibile dal punto di vista etico-sociale, economico e ambientale. I Paesi in cui opera il progetto sono l’India (Meghalaya State) e la Repubblica Democratica del Congo – RDC (Lomami province). Con l’aiuto dei team locali sono state raccolte informazioni sulle abitudini produttive e alimentari della popolazione. Su questi dati è stata svolta una analisi circa l’impatto che il progetto ha avuto sulla sicurezza alimentare (disponibilità e accesso) delle famiglie coinvolte. Il numero di polli allevati (India) e l’Household Dietary Diversity Score (India and RDC) sono stati utilizzati come proxy per la disponibilità e l’accesso di cibo, rispettivamente. L’analisi statistica è stata effettuata usando differenti approcci dello Propensity Score Match (Logit + Nearest Neighbour and GenMatch) per valutare ATT (Effetto medio del trattamento sul gruppo “trattato”). Per quanto riguarda l’India sono stati analizzati i) il numero di polli allevati (food availability) e ii) l’HDDS (Household Dietary Diversity) per la food access. Il progetto ha avuto un impatto positivo ma non significativo sul numero di polli allevato, che però non si è tradotto in un miglioramento dell’HDDS delle famiglie di piccoli agricoltori coinvolti nel progetto. Per la RDC è stato analizzato solo l’impatto sulla food access (HDDS). In questo caso l’impatto del progetto sulla sicurezza alimentare dei piccoli agricoltori è stato positivo ma non significativo. I risultati mostrano che un miglioramento nella qualità della dieta (HDDS) implica, oltre ad un miglioramento delle produzioni (in qualità e in quantità), è necessario anche un miglioramento della educazione (anche nutrizionale) e dell’accesso al mercato.
Food Insecurity (FI) affects especially poor rural people that rely on Subsistence Agriculture in developing countries. With the purpose to help the community that living in that conditions, in 2012 the Università Cattolica del Sacro Cuore and the Fondazione Romeo ed Enrica Invernizzi have started the “Production of appropriate food: safe sufficient and sustainable” project. The project aims to open Pilot Center in agreement with local Diocese to promote the Agricultural production Intensification agriculture and Diets that are sustainable (ethical, economic and environmental). The project is active in India (Meghalaya State) and the Democratic Republic of Congo (Lomami Province). Helped by the local team, information was collected on production and diets habits. An analysis of the impact that the project had on food security (availability and access) of the families involved was carried out on these data. Number of Chicken (India) and Household Dietary Diversity Score - HDDS (India and DRC) as a proxy for food availability and access, were respectively utilised. Thus, we used different Propensity Score Match approach (Logit + Nearest Neighbour and GenMatch) to evaluate the ATT (average treatment effect on the treated group). Regarding India, the number of chickens bred (as food availability) and the HDDS (food access) were analyzed. While the number of chickens bred is positive but not significant, the HDDS values of smallholder farmers involved in the project did not improved. Moving to DRC, only the HDDS was analyzed. In this case, the project had a positive impact on beneficiary families, but it was not significant. The results point out that diet improving (HDDS) advances the production, both in quality and quantity, but is not a sufficient condition per se. Furthermore, it is also essential to enhance the educational path which focuses on nutritional issues and the access to food from market.

It is twenty-one years since South Africa’s democracy and the majority of South African households can still be classified as poor, despite the various interventions by Government to reduce poverty and inequality. The measurement used to determine the financial status of a household at a given point in time is its net equity in accordance with its Statement of Financial Position, calculated as its assets owned less liabilities owed. This study aimed to identify the selected significant factors that affect a South African household’s net equity value. In order to achieve the aim of this study, a heuristic model consisting of two components was developed. The first component considered which assets and liabilities should be included in determining a household’s net equity and how these assets and liabilities should be valued. The second component identified the selected factors that influence a household’s net equity. The heuristic model was applied to the empirical data using three phases. Firstly, the net equity value was calculated for each household. This was followed by an analysis of the selected factors that significantly influence household net equity. The last phase was performed to determine the effect of the identified selected factors in explaining the difference between households that have above average net equity values and those having below average values. The results of the study indicated that 11 selected factors significantly influence the net equity value in the South African household’s Statement of Financial Position. Seven of those factors significantly explain between 28,3 percent and 38,1 percent of the differences in the net equity value of a household when comparing the households with above average net equity value with those with below average values. This is useful information for policy makers in identifying the selected factors that will most significantly increase the net equity value of a household with a net equity value below the South African average.
Centre for Accounting Studies
M. Com. (Accounting Science)

Measures of American inequality offer sparse coverage of subnational units and rely on surveys of self-reported family and household incomes. This dissertation details the development of new inequality datasets at the county, state, and national levels from alternative lenses: sector wages; industry earnings; and average incomes. Sector and industry data are particularly rich, detailed, consistent, and reliable. These new metrics from underutilized data sources contribute to debates over the lived effects of inequality. American economic inequality concentrates in some places more than others, arising from different causes. This dissertation considers ecological associations between inequality, voter turnout, and election outcomes at the state and county levels and multilevel models of individual participation and candidate preference, with voters nested within their state contexts. Aggregate voter turnout has been lower in states with higher levels of income inequality for the last several presidential elections, though this relationship did not strengthen with rising inequality. Likewise, some inequalities have strong associations with state- and county-level presidential election outcomes in certain years, but the patterns are irregular. Multilevel models of voters in states do not indicate a strong relationship among inequality per se and individual behavior.
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This paper analyzes how remittance receipts affect labor force participation and daily time allocation of individuals residing in remittance-receiving households of rural Pakistan. In particular, I use the first Time-Use Survey of Pakistan (2007) to assess how members of remittance-receiving households distribute time over market production and its complements, namely, home production, leisure consumption and educational investment. I employ the statistical technique of propensity score matching to find a comparison group for individuals residing in remittance-receiving households. My results indicate that impact of remittances on daily activity sets cannot be analogously identified across genders. Men residing in remittance-receiving households devote less time to market production and consume more leisure. Women, on the other hand, invest more time in home production while maintaining the same level of market production.

With an increasing rate of urbanisation in East Africa, and with the highest prevalence rate of undernourished population than any region in the developing world, the issue of food access insecurity in urban areas has received considerable attention. While there are noticeable differences between big, medium- and small-sized towns, the variation in the household’s response to food access insecurity across urban hierarchies remains largely unexplored. This study aimed to investigate the social, economic and demographic factors in coping with food access insecurity among households in urban slum areas of Ethiopia. The study used both secondary and primary data sources. The national surveys of household consumption and expenditure survey and welfare monitoring surveys of 2004/5, 2010/11, and 2015/16 was used to analyse the food security situation in Ethiopia across time and urban hierarchies. Primary data of 500 households and three focus group discussions were conducted from slum areas of Addis Ababa, Hawassa, and Sheki representing a big city, medium- and small-sized town, respectively. The household survey data were subjected to descriptive statistical analysis and a standard regression model to investigate the relationship between factors such as household structure and composition, economic resources, social protection programmes and projects, and urban-rural linkages with coping with food access insecurity across urban hierarchies. A global model and three site-specific regression models were constructed. Descriptive results from both the primary and the secondary data sources have revealed that the proportion of the households affected by food shortage varies across the urban hierarchy that food insecurity was highest in the small-sized town as compared with the medium-sized town and the big city. The quality of food consumed was consistently low among female-headed households regardless of their socio-economic characteristics when compared with male-headed households. The result of the regression analysis for the global model has shown that economic resources (asset and source of income) predict nearly half of the variability in coping with food access insecurity. Household structure and composition such as gender and education of the head of the household, family structure (nuclear/extended), and the ratio of young children in the household predict a quarter of the variability in coping. Social protection programs and services predict one-tenth; the remaining variability in coping is explained by the combined effect of all the factors involved. The significance of these factors in predicting coping with food access insecurity, however, varies across the urban hierarchies. The contribution of economic factors in predicting coping is the highest at the big city (Addis Ababa); household structure and composition took the leading role in predicting coping at the small-sized town (Sheki); the significant factors in predicting coping at the mediumsized town (Hawassa) was the combined effect of all the factors involved. Household characteristics such as female headship, a higher ratio of young children, low education of the household head, lack of access to the financial loan, asset and income poverty, and weak linkages with kin structure at rural areas increase vulnerability to food insecurity and put households under stress to cope with food access insecurity. The study results show that the traditional urban-rural dichotomy may not suffice to portray the degree of food insecurity, as well as the mechanisms how food insecure households strive to cope with food access insecurity, which varies across the continuum of urban hierarchies. Those who wish to support food insecurity challenges need to be sensitive to the variability of factors in coping with food access insecurity across urban hierarchies. During policy, design and program implementation policymakers and international partners need to consider that the needs and coping mechanisms of urban households vary across urban hierarchies besides the other social, economic and demographic variables.
Development Studies
Ph. D. (Development Studies)

Cette thèse s’articule autour de trois chapitres indépendants qui s’inscrivent dans les champs de la macroéconomie, de l’économie monétaire et de la finance internationale. Dans le premier chapitre, je construis un modèle néo-keynesien d’équilibre général sous incertitude pour examiner les implications de la production domestique des ménages pour la politique monétaire. Le modèle proposé permet de reconcilier deux faits empiriques majeurs: la forte sensibilité du produit intérieur brut aux chocs monétaires (obtenue à partir des modèles VAR), et le faible degré de rigidité nominale observé dans les micro-données. Le deuxième chapitre étudie le role de la transformation structurelle (réallocation de la main d’oeuvre entre secteurs) sur la volatilité de la production aggregée dans un panel de pays. Le troisième chapitre quant à lui met en exergue l’importance de la cartographie des échanges commerciaux pour le choix entre un régime de change fixe et l’arrimage à un panier de devises. "Household Production, Services and Monetary Policy" (Chapitre 1) part de l’observation selon laquelle les ménages peuvent produire à domicile des substituts aux services marchands, contrairement aux biens non durables qu’ils acquièrent presque exclusivement sur le marché. Dans ce contexte, ils procèdent à d’importants arbitrages entre produire les services à domicile ou les acquerir sur le marché, dépendamment des changements dans leur revenu. Pour examiner les implications de tels arbitrages (qui s’avèrent être importants dans les micro-données) le secteur domestique est introduit dans un modèle néo-keyenesien d’équilibre général sous incertitude à deux secteurs (le secteur des biens non durables et le secteur des services) autrement standard. Je montre que les firmes du secteur des services sont moins enclin à changer leurs prix du fait que les ménages ont l’option de produire soit même des services substituts. Ceci se traduit par la présence d’un terme endogène supplémentaire qui déplace la courbe de Phillips dans ce secteur. Ce terme croit avec le degré de substituabilité qui existe entre les services produits à domicile et ceux acquis sur le marché. Cet accroissement de la rigidité nominale amplifie la sensibilité de la production réelle aux chocs monétaires, notamment dans le secteur des services, ce qui est compatible avec l’évidence VAR selon laquelle les services de consommation sont plus sensibles aux variations de taux d’intérêt que les biens non durables. "Structural Transformation and the Volatility of Aggregate Output: A Cross-country Analysis" (Chapitre 2) est basée sur l’évidence empirique d’une relation négative entre la part de la main d’oeuvre allouée au secteur des services et la volatilité de la production aggrégée, même lorsque je contrôle pour les facteurs tels que le développement du secteur financier. Ce resultat aggregé est la conséquence des développements sectoriels: la productivité de la main d’oeuvre est beaucoup plus volatile dans l’agriculture et les industries manufacturières que dans les services. La production aggregée deviendrait donc mécaniquement moins volatile au fur et à mesure que la main d’oeuvre se déplace de l’agriculture et de la manufacture vers les services. Pour évaluer cette hypothèse, je calibre un modèle de transformation structurelle à l’économie américaine, que j’utilise ensuite pour générer l’allocation sectorielle de la main d’oeuvre dans l’agriculture, l’industrie et les services pour les autres pays de l’OCDE. Dans une analyse contre-factuelle, le modèle est utlisé pour restreindre la mobilité de la main d’oeuvre entre secteurs de façon endogène. Les calculs montrent alors que le déplacement de la main d’oeuvre vers le secteur des services réduit en effet la volatilité de la production aggregée. "Exchange Rate Volatility under Alternative Peg Regimes: Do Trade Patterns Matter?" (Chapitre 3) est une contribution à la litterature économique qui s’interesse au choix entre divers regimes de change. J’utilise les données mensuelles de taux de change bilatéraux et de commerce extérieur entre 1980 et 2010 pour les pays membre de l’Union Economique et Monétaire Ouest Africaine (UEMOA). La monnaie de ces pays (le franc CFA) est arrimée au franc Francais depuis le milieu des années 40 et à l’euro depuis son introduction en 1999. Au moment de l’arrimage initial, la France était le principal partenaire commercial des pays de l’UEMOA. Depuis lors, et plus encore au cours des dix dernières années, la cartographie des échanges de l’union a significativement changé en faveur des pays du groupe des BICs, notamment la Chine. Je montre dans ce chapitre que l’arrimage à un panier de devises aurait induit une volatilité moins pronnoncée du taux de change effectif nominal du franc CFA au cours de la décennie écoulée, comparé à la parité fixe actuelle. Ce chapitre, cependant, n’aborde pas la question de taux de change optimal pour les pays de l’UEMOA, un aspect qui serait intéressant pour une recherche future.
This thesis includes three independent essays in the fields of macroeconomics, monetary economics and international finance. In the first essay, I build a new Keynesian DSGE model to examine the implications for monetary policy of household production. The proposed theory helps reconcile the relatively strong response of output to monetary policy shocks as suggested by VAR-based evidence and the low degree of price rigidity found in micro data. The second essay analyzes the role of structural transformation (the reallocation of labor across sectors overtime) in shaping the volatility of aggregate output across countries. Finally, the third essay illustrates the importance of trade patterns in choosing between a single currency peg and a peg to a composite basket of currencies. “Household Production, Services and Monetary Policy” (Chapter 1) builds on the observation that consumer services (unlike consumer nondurable) have close substitutes at home. Households may therefore switch between consuming home and market service as the real wage (the opportunity cost of working at home) changes. To study the implications of this arbitrage for monetary policy, I embed a household sector into an otherwise standard two-sector (a nondurable good sector and a service sector) new Keynesian DSGE model. The fact that households are able to produce services at home makes service sector’s firms more reluctant to change their price. This translates into an extra endogenous shift term in the new Keynesian Phillips that is increasing with the extent of substitutability between home and market services. This increased nominal rigidity endogenously amplifies the output response to monetary policy shock, especially in the service sector, which is consistent with VAR-based evidence in the paper that consumer services are more interest-rate sensitive than consumer nondurables. “Structural Transformation and the Volatility of Aggregate Output: A Cross-country Analysis” (Chapter 2) is based on the evidence of a negative relationship between the employment share of the service sector and the volatility of aggregate output, which I obtain after controlling for several factors (including the level of financial development). This aggregate result is driven by sectoral labor productivity differentials: Labor productivity is substantially more volatile in agriculture and manufacturing than in services. Aggregate output would therefore become mechanically more stable as labor shifts away from agriculture and manufacturing, and toward the service sector. To quantify this conjecture, I first calibrate a model of structural transformation (secular reallocation of labor across sectors) to the U.S. economy, which I use to match the time path of labor shares in agriculture, manufacturing and services across OECD countries. The model is subsequently used to conduct a set of counterfactual experiments in which labor is endogenously constrained from moving across sectors. Computations suggest that the shift of labor toward the services sector is indeed volatility-reducing. “Exchange Rate Volatility under Alternative Peg: Do Trade Patterns Matter?” (Chapter 3) is a contribution to the literature on the choice of exchange rate regimes. I use monthly bilateral exchange rate and external trade data from 1980 to 2010 for the member countries of the Western African and Monetary Union (WAEMU). These countries have their common currency (the CFA franc) pegged to the French franc since the mid-40s and to the euro since its introduction in 1999. At the time of the initial peg arrangement, France accounted for most of the external trade of WAEMU countries. Since then, and more notably since the early 2000s, the trade patterns of these countries shifted briskly away from France and other Euro area countries and towards the BICs (China in particular). The chapter finds that a peg to a composite basket of currencies would have led to a less volatile effective exchange rate over the last decade compare to the current hard peg. This chapter, however, does not derive an optimal exchange rate for WAEMU countries, which is an important area for further research.