Income Uncertainty and Household Savings in China

2010 ◽  
Author(s):  
Marcos Chamon ◽  
Kai Liu ◽  
Eswar S. Prasad
2013 ◽  
Vol 105 ◽  
pp. 164-177 ◽  
Author(s):  
Marcos Chamon ◽  
Kai Liu ◽  
Eswar Prasad

2010 ◽  
Author(s):  
Marcos Chamon ◽  
Kai Liu ◽  
Eswar S. Prasad

2010 ◽  
Vol 10 (289) ◽  
pp. 1 ◽  
Author(s):  
Kai Liu ◽  
Marcos Chamon ◽  
Eswar Prasad ◽  
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...  

2010 ◽  
Author(s):  
Marcos Chamon ◽  
Kai Liu ◽  
Eswar Prasad

2016 ◽  
Vol 22 (2) ◽  
pp. 133-155 ◽  
Author(s):  
Utkur Djanibekov ◽  
Grace B. Villamor

AbstractThis paper investigates the effectiveness of different market-based instruments (MBIs), such as eco-certification premiums, carbon payments, Pigovian taxes and their combination, to address the conversion of agroforests to monoculture systems and subsequent effects on incomes of risk-averse farmers under income uncertainty in Indonesia. For these, the authors develop a farm-level dynamic mean-variance model combined with a real options approach. Findings show that the conservation of agroforest is responsive to the risk-aversion level of farmers: the greater the level of risk aversion, the greater is the conserved area of agroforest. However, for all risk-averse farmers, additional incentives in the form of MBIs are still needed to prevent conversion of agroforest over the years, and only the combination of MBIs can achieve this target. Implementing fixed MBIs also contributes to stabilizing farmers’ incomes and reducing income risks. Consequently, the combined MBIs increase incomes and reduce income inequality between hardly and extremely risk-averse farmers.


2009 ◽  
Vol 99 (4) ◽  
pp. 1245-1277 ◽  
Author(s):  
Nava Ashraf

I elicit causal effects of spousal observability and communication on financial choices of married individuals in the Philippines. When choices are private, men put money into their personal accounts. When choices are observable, men commit money to consumption for their own benefit. When required to communicate, men put money into their wives' account. These strong treatment effects on men, but not women, appear related more to control than to gender: men whose wives control household savings respond more strongly to the treatment and women whose husbands control savings exhibit the same response. Changes in information and communication interact with underlying control to produce mutable gender-specific outcomes. (JEL D13, D14, J12, J16, O15)


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