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	Provedor de dados AgEcon (2) Autor Jensen, Farrell E. (1) Kazianga, Harounan (1) Pope, Rulon D. (1) Udry, Christopher R. (1) Palavra-chave Precautionary saving (2) Risk and Uncertainty (2) Consumption smoothing (1) D91 (1) Livestock (1) O16 (1) Permanent income hypothesis (1) Precautionary wealth (1) Risk (1) Risk sharing (1) Mais... Tipo do documento Journal Article (1) Working or Discussion Paper (1) Ano 2004 (2) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última Agricultural Precautionary Wealth AgEcon Jensen, Farrell E.; Pope, Rulon D.. 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. Tipo: Journal Article Palavras-chave: Precautionary saving; Precautionary wealth; Risk; Risk and Uncertainty. Ano: 2004 URL: http://purl.umn.edu/31146 Consumption Smoothing? Livestock, Insurance and Drought in Rural Burkina Faso AgEcon Kazianga, Harounan; Udry, Christopher R.. This paper explores the extent of consumption smoothing between 1981 and 1985 in rural Burkina Faso. In particular, we 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 effectiveness of these various insurance mechanisms when they are the most needed. We find evidence of little consumption smoothing. In particular, there is almost no risk sharing, and households rely almost exclusively on self-insurance in the form of adjustments to grain stocks to smooth out consumption. The outcome, however is far from complete smoothing. Hence the main risk-coping strategies, which... Tipo: Working or Discussion Paper Palavras-chave: Livestock; Consumption smoothing; Permanent income hypothesis; Precautionary saving; Risk sharing; Risk and Uncertainty; D91; O16. Ano: 2004 URL: http://purl.umn.edu/28497 Registros recuperados: 2 Primeira ... 1 ... Última

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