Household responses to shocks in rural Ethiopia [electronic resource] : livestock as a buffer stock / Daniel Ayalew Ali.
This paper uses a stochastic dynamic programming model to characterize the optimal savings-consumption decisions and the role of livestock inventories as a buffer stock in rural Ethiopia. The results show that relatively land-rich households use accumulation and liquidation of cattle and other anima...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
World Bank,
©2015.
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| Series: | Policy research working papers ;
7244. |
| Subjects: |
MARC
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| 100 | 1 | |a Ali, Daniel Ayalew. |0 http://id.loc.gov/authorities/names/no2012114635 |1 http://isni.org/isni/0000000380413982 | |
| 245 | 1 | 0 | |a Household responses to shocks in rural Ethiopia |h [electronic resource] : |b livestock as a buffer stock / |c Daniel Ayalew Ali. |
| 260 | |a [Washington, D.C.] : |b World Bank, |c ©2015. | ||
| 300 | |a 1 online resource (39 pages). | ||
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| 490 | 1 | |a Policy research working paper ; |v 7244 | |
| 500 | |a "April 2015." | ||
| 500 | |a "World Bank Group, Development Research Group, Agriculture and Rural Development Team." | ||
| 504 | |a Includes bibliographical references (pages 22-24). | ||
| 520 | 3 | |a This paper uses a stochastic dynamic programming model to characterize the optimal savings-consumption decisions and the role of livestock inventories as a buffer stock in rural Ethiopia. The results show that relatively land-rich households use accumulation and liquidation of cattle and other animal inventories for partial consumption smoothing, while low-income households appear not to do so. The results highlight the need for improvement in livestock markets, which are often affected by high transaction costs and price risk, and for investigation of other approaches to risk management. | |
| 588 | 0 | |a Online resource; title from pdf title page (World Bank.org Web site, viewed April 28, 2015). | |
| 650 | 0 | |a Home economics, Rural |x Risk management |z Ethiopia |x Econometric models. | |
| 650 | 0 | |a Livestock |z Ethiopia |x Econometric models. | |
| 650 | 0 | |a Consumption (Economics) |z Ethiopia |x Econometric models. | |
| 650 | 0 | |a Rural families |x Econometric models. | |
| 650 | 7 | |a Consumption (Economics) |x Econometric models. |2 fast |0 (OCoLC)fst00876457 | |
| 651 | 7 | |a Ethiopia. |2 fast |0 (OCoLC)fst01205830 |1 https://id.oclc.org/worldcat/entity/E39PBJrm4PwJjwQwWdt7T4CJDq | |
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| 758 | |i has work: |a Household Responses to Shocks in Rural Ethiopia (Text) |1 https://id.oclc.org/worldcat/entity/E39PCYhdB7rYMDdJ9V7pbmKJH3 |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
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| 830 | 0 | |a Policy research working papers ; |v 7244. |0 http://id.loc.gov/authorities/names/n92033588 | |
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