We use five waves of household surveys in Uganda, from 1992/3 to 2011/12, study income diversification and its effect on the welfare rural urban households during a period sustained economic growth poverty reduction, comparing 1990s 2000s, disaggregating by gender head. Diversification is measured terms access incomes agriculture (farming), agricultural wage, self-employment (informal), wage em...

the current study aims to examine the relationship between size, revenue diversity, and their interactive effects on systemic risk in private banking. the systemic risk can be measured bases on the marginal expected shortfall (mes). the mes is the average return on bank stocks on days when the return in the banking industry falls below the value at risk (var). the analysis of combined data from...

Is it feasible to increase income and generate employment in the context of a traditional labour intensive rural industry with strong linkages to an agriculturally backward economy? In order to address this issue, primary data from four villages of Peruvian North Sierra was used. The case of the hat making activity, employing exclusively family labour, purchasing the main input (straw, paja de ...

This paper investigates the effect of income diversification on bank’s risk-adjusted performance. The fixed panel regression is used in this study with a dataset 390 banks from 49 different African countries over period 2012 to 2019. Our results provide empirical evidence that increases performance commercial Africa. However, relation varies across bank size. Specifically, we find stronger at l...

Equity mutual fund loads have fallen, while stock ownership rates and equity mutual fund use have risen, plausibly boosting the stock wealth elasticity of U.S. consumption. Because of limited wealth and diversification needs, load declines likely spurred middle-income families to invest in equity, consistent with cross-section data and the calibration model of Heaton and Lucas (2000). In load-m...