Showing 1 - 10 of 11,145
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
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
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
In this paper, we conduct an empirical study of the effect of uncertainty on fertility. The precautionary motive for saving predicts that an increase in uncertainty increases saving by reducing both consumption and fertility. We use a new measure of uncertainty, the World Uncertainty Index, and...
Persistent link: https://www.econbiz.de/10012152216
The countercyclical pattern of saving in Thailand in the 1990s and 2000s challenged the prediction of permanent income theory and raised questions about household saving behaviors in the country. Using constructed pseudo-panel data sets from the Thai Household Socioeconomic Surveys from 1992 to...
Persistent link: https://www.econbiz.de/10012198435
In this paper, we conduct an empirical study of how uncertainty alters fertility behavior. The precautionary motive for saving predicts that an increase in income uncertainty increases saving by reducing both consumption and fertility. We examine this prediction using a new measure of economic...
Persistent link: https://www.econbiz.de/10012508583
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011483095
We quantify the importance of precautionary labor supply using data from the German Socio-Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011509111
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011497053