WebThe introduction of mobile money transfer technology reduced transaction costs of sharing risks against idiosyncratic and covariate shocks, which allowed households with … WebAgricultural shocks impact negatively on farm income as expected, however they also stimulate non-agricultural earnings by an equivalent amount. In the case of a covariate …
Estimating Households Vulnerability to Idiosyncratic and Covariate ...
Web1 okt. 2016 · We find that the prevalence of idiosyncratic and covariate shocks are significantly higher for the residents of major cities and urban areas compared to those living in rural areas. For example, 18% of the population in the major cities is vulnerable to covariate shocks compared to only 3% of the population in rural areas . Web1.Introduction. Households in developing countries are vulnerable to considerable shocks or adverse events that may have long-term consequences. Important previous research demonstrates that idiosyncratic, and covariate shocks have negative (and often long-term) consequences. 1 For example, illness and disability of a household member … david\u0027s jewelers irmo sc
Effects of Exposure to Risks on Household Vulnerability in …
WebEstimating Households Vulnerability to Idiosyncratic and Covariate Shocks: A Novel Method Applied in Madagascar. Isabel Günther and Kenneth Harttgen. World … WebIn this paper we aim to explain temporal variation in individual risk attitudes by an exogenous measure of idiosyncratic and covariate shocks. We estimate the impact of idiosyncratic and covariate shocks in terms of variation in consumption, at the individual and at the aggregate level, using multilevel modeling. The empirical basis for our … WebIn this paper, we propose a simple method to empirically assess the impact of idiosyncratic and covariate shocks on households' vulnerability, which can be used in a wide context … bb bau ag sachseln