| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Precautionary wealth among U.S farm households
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| Autores: |
Dedah, Cheikhna O.
Mishra, Ashok K.
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| Data: |
2009-01-13
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| Ano: |
2009
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| Palavras-chave: |
Agricultural Finance
Consumer/Household Economics
Risk and Uncertainty
Precautionary savings
Wealth
Income risk
Farm households
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| Resumo: |
Using a cross sectional farm-level data we find that farm households who face higher income uncertainty save more and accumulate more wealth. Precautionary savings is about 6 percent of the total farm household wealth. In addition to precautionary saving, and consistent with theory we found that the age, education, occupation, and the number of acres operated are all important factors that influence wealth accumulation by U.S farm households.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/46606
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| Relação: |
Southern Agricultural Economics Association>2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia
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| Formato: |
18
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