Mishra, Ashok; Uematsu, Hiroki; Fannin, J. Matthew - In: Review of Economics of the Household 11 (2013) 1, pp. 131-141
This study models and investigates the presence of precautionary wealth among farm households, something few studies have attempted. Using pooled farm-level data, we find that self-employed farm households accumulate more wealth. Precautionary savings is about 8% of total household wealth. In...