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Livestock holdings in rural areas of the West African Semi-arid Tropics (WASAT) are often substantial yet there is … consumption ex post via savings in the form of livestock. Based on data covering Burkina Faso's 2004 drought, we find that … livestock sales increase significantly in response to drought with households citing the need to finance food consumption. Some …
Persistent link: https://www.econbiz.de/10010529529
examine the extent to which livestock, grain storage and interhousehold transfers are used to smooth consumption against … income risk. The survey coincided with a period of severe drought, so that the results provide direct evidence on the …
Persistent link: https://www.econbiz.de/10011613056
Persistent link: https://www.econbiz.de/10012619822
We measure if and to what extent livestock sales during food shortages affect the wealth value of livestock. For this … markets), for the period from January 1991 to December 2009. The empirical evidence is consistent with increased livestock … sales during food shortages, especially small livestock, and especially in the south. Results are robust for different ways …
Persistent link: https://www.econbiz.de/10012204510
examine the extent to which livestock, grain storage and interhousehold transfers are used to smooth consumption against … income risk. The survey coincided with a period of severe drought, so that the results provide direct evidence on the …
Persistent link: https://www.econbiz.de/10014068498
We show how to use panel data on household consumption to directly estimate households’ risk preferences. Specifically, we measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model, which we then test allowing for this heterogeneity. There is...
Persistent link: https://www.econbiz.de/10011757115
This dissertation contains three essays at the interface of agricultural and development economics. The motivation for this lies in the fact that various studies have shown the agricultural sector to be the main income source for the majority of the global poor and it will hence have to play a...
Persistent link: https://www.econbiz.de/10010526649
This dissertation includes three empirical essays on development economics and one on the economics of education. The first essay (co-authored by Stephan Klasen) is a contribution to the debate surrounding the Millennium Development Goals (MDGs) and the on-going debate about what international...
Persistent link: https://www.econbiz.de/10011349599
Persistent link: https://www.econbiz.de/10014567087
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/10009613678