Measuring precautionary wealth using cross-sectional data: the case of farm households

被引：6
作者：
Mishra, Ashok K. [1 ,2 ]
Uematsu, Hiroki [1 ,2 ]
Fannin, J. Matthew [1 ,2 ]
机构：
[1] Louisiana State Univ, Dept Agr Econ & Agribusiness, AgCtr, Baton Rouge, LA 70803 USA
[2] Louisiana State Univ, Baton Rouge, LA 70803 USA
来源：
REVIEW OF ECONOMICS OF THE HOUSEHOLD | 2013年 / 11卷 / 01期
关键词：
Precautionary wealth; Farm households; Income variability; Pooled data; Education; Labor allocation; PERMANENT INCOME HYPOTHESIS; LIFE-CYCLE; SAVINGS; CONSUMPTION; ACCUMULATION; UNCERTAINTY; BEHAVIOR; WEATHER; URBAN; INDIA;
D O I：
10.1007/s11150-011-9139-0
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study models and investigates the presence of precautionary wealth among farm households, something few studies have attempted. Using pooled farm-level data, we find that self-employed farm households accumulate more wealth. Precautionary savings is about 8% of total household wealth. In addition, we find that age, education, occupation, and operation size are important factors influencing wealth accumulation by US farm households.
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页码：131 / 141
页数：11
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