| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Agricultural Precautionary Wealth
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| Autores: |
Jensen, Farrell E.
Pope, Rulon D.
|
| Data: |
2006-09-25
|
| Ano: |
2004
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| Palavras-chave: |
Precautionary saving
Precautionary wealth
Risk
Risk and Uncertainty
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| Resumo: |
Using panel data, the relationship between income uncertainty and the stock of wealth through precautionary saving is examined. Evidence from Kansas data is consistent with the precautionary saving motive in that farm households facing greater uncertainty in income maintain larger stocks of wealth in order to smooth consumption. These results are found by regressing net worth against measures of permanent income (life-cycle income), measures of uncertainty, and demographic variables.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
23779
http://purl.umn.edu/31146
|
| Editor: |
AgEcon Search
|
| Relação: |
Journal of Agricultural and Resource Economics>Volume 29, Number 01, April 2004
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| Formato: |
14
application/pdf
|
