Showing 1 - 10 of 18,151
Livestock holdings in rural areas of the West African Semi-arid Tropics (WASAT) are often substantial yet there is … datasets covering Burkina Faso’s 2004 drought, we find that livestock sales increase significantly in response to drought … little evidence for precautionary saving in the form of livestock out of transitory income. The present paper re-visits farm …
Persistent link: https://www.econbiz.de/10010888163
This paper pools data from independent household surveys of Japanese workers roughly spanning the Taisho period (1912–1926), a time before private-business or government-provided social safety nets. First, we construct estimates of permanent and transitory income and then estimate saving...
Persistent link: https://www.econbiz.de/10008788593
The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary saving is obtained if and only if very stringent conditions hold. This paper shows that when...
Persistent link: https://www.econbiz.de/10010812036
The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary saving is obtained if and only if very stringent conditions hold. This paper shows that when...
Persistent link: https://www.econbiz.de/10011079148
We investigate the effect of positional goods (goods for which one's consumption relative to others’ matters) on saving, based on results from a life-cycle consumption/saving experiment. In a Group treatment, we allow inter-personal comparisons by assigning subjects to groups and displaying...
Persistent link: https://www.econbiz.de/10011116860
Taking advantage of a natural experiment and a rich household-level panel dataset, this paper tests the impact of an agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both difference-in-difference and triple difference...
Persistent link: https://www.econbiz.de/10011258732
randomized field experiments in rural India to test the importance of price and nonprice factors in the adoption of an innovative … rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not be achieved even if the …
Persistent link: https://www.econbiz.de/10010815890
This paper uses a novel experimental design to study the effect of hypothetical personal experience on the adoption of a new insurance product in rural China. Specifically, we conduct a set of insurance games with a random subset of farmers. Our findings show that playing insurance games...
Persistent link: https://www.econbiz.de/10011109780
The paper investigates whether, as is often suggested by the literature, diversification towards the non-agricultural sector is considered as a risk- mitigating strategy by rural Pakistani households. This issue has already been addressed but usually as an ex post mechanism, i.e. smoothing...
Persistent link: https://www.econbiz.de/10005696838
Poverty is often characterized not only by low and unstable income, but also by heavy debt burdens. We find that reducing barriers to saving through access to free savings accounts decreases participants' short-term debt by about 20%. In addition, participants who experience an economic shock...
Persistent link: https://www.econbiz.de/10010852336