RIEBセミナー RIEB Seminar
| 日時 | 2017年1月17日（火）午後3時30分から午後5時00分まで |
|---|---|
| 会場 | 神戸大学経済経営研究所 会議室（新館2階） |
| 対象 | 教員、院生、および同等の知識をお持ちの方 |
| 使用言語 | 英語 |
| 備考 | 論文のコピーは共同研究推進室にご用意いたします。 |
3:30pm～5:00pm
| 報告者 | 今井 克 |
|---|---|
| 所属 | マンチェスター大学経済学部 |
| 論題 | Consumption Smoothing and Risk Coping Mechanisms: Evidence from Rural India |
| 要旨 | Using the monthly ICRISAT panel data from 2009 to 2012, we test whether households smooth consumption in response to weather-driven income shocks in rural India. We find that the net balance of aggregate savings is almost perfectly responsive to income shocks. Consistent with a standard poverty trap model, while small and medium landholders hold on to their livestock and machinery and dissave less productive consumer durables, richer households draw from a variety of assets in face of shocks. Our results imply that households are able to self-insure even when institution fails to provide formal insurance mechanisms and markets operate inefficiently. |