Lange, Simon; Reimers, Malte - 2015
Livestock holdings in rural areas of the West African Semi-arid Tropics (WASAT) are often substantial yet there is … little evidence for precautionary saving in the form of livestock. This paper re-visits farm households' ability to smooth … consumption ex post via savings in the form of livestock. Based on data covering Burkina Faso's 2004 drought, we find that …