USING WEATHER VARIABILITY TO ESTIMATE THE RESPONSE OF SAVINGS TO TRANSITORY INCOME IN THAILAND

被引:12
作者
PAXSON, CH [1 ]
机构
[1] PRINCETON UNIV,WOODROW WILSON SCH,PRINCETON,NJ 08544
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper measures the extent to which farmers are able to use savings and dissavings to smooth consumption in response to unexpected shocks to income. Time-series information on regional rainfall is used to construct estimates of transitory income due to rainfall shocks. The relationship between these measures of transitory income and savings indicates that farm households save a significantly higher fraction of transitory income than nontransitory income.
引用
收藏
页码:15 / 33
页数:19
相关论文
共 20 条
[11]  
MORDUCH J, 1990, UNPUB RISK PRODUCTIO
[12]  
MUSGROVE P, 1979, AM ECON REV, V69, P355
[13]   THE OLD-AGE SECURITY HYPOTHESIS RECONSIDERED [J].
NERLOVE, M ;
RAZIN, A ;
SADKA, E .
JOURNAL OF DEVELOPMENT ECONOMICS, 1985, 18 (2-3) :243-252
[14]  
NEWEY WK, 1984, ECON LETT, V14, P201, DOI 10.1016/0165-1765(84)90083-1
[16]  
PAXSON CH, 1991, RES PROGRAM DEV STUD, V150
[17]  
ROSENZWEIG M, 1989, UNPUB CREDIT MARKET
[18]  
SIAMWALLA A, 1908, TRADE EXCHANGE RATE
[19]  
VISARIA P, 1980, 2 WORLD BANK LIV STA