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.

引用

页码：131 / 141

页数：11

共 28 条

[11] What's wrong with our models of agricultural land values? [J].