Coping with COVID-19 shocks in rural Nepal

被引:3
作者
Ekstrom, Kierstin [1 ,3 ]
Janzen, Sarah [1 ]
Magnan, Nicholas [2 ]
机构
[1] Univ Illinois, Champaign, IL USA
[2] Univ Georgia, Athens, GA USA
[3] Univ Illinois, Dept Agr & Consumer Econ, Champaign, IL 61820 USA
基金
美国农业部;
关键词
asset smoothing; consumption smoothing; coping; COVID-19; credit; savings; shocks; MOBILE MONEY; CONSUMPTION; INSURANCE; TRANSFERS; LIVESTOCK; DROUGHT; POVERTY;
D O I
10.1002/aepp.13383
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
We examine shocks experienced by rural Nepali households during the COVID-19 pandemic. Households primarily experienced income and price shocks during a government-imposed lockdown. During this time, households managed to effectively protect consumption, and mostly relied on credit (26%), asset sales (10%) and savings (8%). Debt levels nearly doubled, with limited changes to savings. We then leverage a long-term randomized control trial (RCT) to assess whether beneficiaries of a livestock livelihood program are more resilient. Program beneficiaries are 6 percentage points less likely to take out new loans.
引用
收藏
页码:1941 / 1955
页数:15
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