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Consumption Smoothing in the Zone Lacustre, Mali by Sarah Harrower and John Hoddinotty

By: Contributor(s): Material type: TextTextSeries: ; Volume 14, number 4Oxford : Oxford University Press, 2005Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): LOC classification:
  • HC800 JOU
Online resources: Summary: This paper examines consumption smoothing in the Zone Lacustre, Mali, a poor region in one of the poorest countries in the world. Idiosyncratic shocks appear to have little impact on consumption. A stronger test of consumption smoothing shows that controlling for covariate shocks, changes in household income lead to modest changes in consumption. These results are robust to concerns regarding bias resulting from measurement error or endogeneity of changes in income. Although there is no one single response, in general non-poor households are more likely to enter into new income generating activities given these shocks while poor households are more likely to engage in gift exchange or to ration consumption.
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Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HC800 JOU (Browse shelf(Opens below)) vol. 14, no. 4 (pages 489-519) SP2563 Not for loan For In house Use

This paper examines consumption smoothing in the Zone Lacustre, Mali, a poor region in one of the poorest countries in the world. Idiosyncratic shocks appear to have little impact on consumption. A stronger test of consumption smoothing shows that controlling for covariate shocks, changes in household income lead to modest changes in consumption. These results are robust to concerns regarding bias resulting from measurement error or endogeneity of changes in income. Although there is no one single response, in general non-poor households are more likely to enter into new income generating activities given these shocks while poor households are more likely to engage in gift exchange or to ration consumption.

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