Saving for a Rainy Day? di Paul Mpuga, Paul Okwi edito da VDM Verlag
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Saving for a Rainy Day?

Editore:

VDM Verlag

EAN:

9783836493222

ISBN:

3836493225

Pagine:
64
Formato:
Paperback
Lingua:
Tedesco
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Descrizione Saving for a Rainy Day?

We use farm household data from the Uganda household surveys for 1992/93, 1995/96, 1996/97 and 1999/2000 to examine peasant household saving behaviour in the face of shocks. We find that the size of land owned, level of education of household members, educational level of the household head, and variation in rainfall determine household income and savings. Uganda's peasant households are forward looking: they save relatively large proportions of their transitory income. The results suggest that households use savings to buffer consumption, with the implication that temporary shocks to income may not significantly affect household welfare. This is an important consumption smoothing mechanism for the peasant households in the rural areas of Uganda where financial institutions are absent.

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