Does Forced Solidarity Hamper Investment in Small and Micro Enterprises? Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment which we test on data from tailors in Burkina Faso. The empirical results support the idea that there are two behavioural patterns: entrepreneurs following an ‘insurance regime’ comply with sharing norms, are...

The objective of this study was to evaluate the effect of soil moisture condition and irrigation regime on the bioelectric potential of crops with different growth stages. The bioelectric potential of broccoli (Brassica oleracea var. italica) plants at the initial and mid-growth stages was measured under different soil moisture conditions and irrigation regimes using pot experiments. The result...

— We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption—an increase in the current account deficit net of aid—delivering the same effects as those of a flexible regime but with a necessary increase in inflation. Regardless of the regime, policies that ...