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

Mishra, Ashok K.; Uematsu, Hiroki; Fannin, James Matthew

doi:10.1007/s11150-011-9139-0

Cited by 8 publications

(11 citation statements)

References 19 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…However, the regression coefficient of education is moderate since the level of significance is 5%. Murphy et al (1997) and Mishra et al (2013) found positive and significant effects of education on wealth where Asadullah (2011) found low mobility of wealth despite the significant effect of education on wealth.…”

Section: Resultsmentioning

confidence: 95%

“…It means that lack of productive education is too acute in her agriculture. Studies of farmers' education and wealth are probably found in Murphy et al (1997), Arrondel (2000) and Mishra et al (2013). Most of the previous experiments of Bangladesh are relevant with farmers' education and productivity except Asadullah (2011) which recognized the relationship between education and wealth of farmers.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Farmers’ Education and Farmers’ Wealth in Bangladesh

Haq

2014

Turkish JAF Sci.Tech.

View full text Add to dashboard Cite

The impact of farmers' education is examined with a view to evaluate the actual situation of farmers' education in Bangladesh. Fifty samples were collected from two sub districts of the Gazipur district in Bangladesh. The selection of the study sites and collection of the samples such as the years of schooling of the farm household head, total income, farm size, number of earners of farm families, family size, years of farming experience of farm household head, number of times extension contacts and rice yield were done purposively. It is cleared from the study that education is necessary for farmers to raise their wealth. Results were derived through regression analysis. The study has also shown that size of family and years of farming experience contributed significantly to the wealth accumulation of farmers.

show abstract

Section: Resultsmentioning

confidence: 95%

Section: Introductionmentioning

confidence: 99%

Farmers’ Education and Farmers’ Wealth in Bangladesh

Haq

2014

Turkish JAF Sci.Tech.

View full text Add to dashboard Cite

show abstract

“…(); Kureishi and Wakabayashi (); or Mishra et al . (); who include education as a control variable and, in general, results show that more educated households save more).…”

Section: The Empirical Evidence On Precautionary Savingsmentioning

confidence: 90%

“…() or Mishra et al . () report a much less important precautionary effect when they test for the existence of precautionary saving, but they suggest that this can be attributed to problems related to insufficient information, sample selection or the existence of insurances against income risks which make difficult to evaluate (and contribute to underestimate) the extent of the precautionary motive for saving.…”

Section: Discussionmentioning

confidence: 99%

“…Deidda () finds similar results for Italian households and Mishra et al . () obtain that USA self‐employed farm households accumulate more wealth. Using USA data, Skinner () investigated the hypothesis that the average saving rate should be higher for those in riskier occupations (he approximates uncertainty through different occupation proxies).…”

Section: The Empirical Evidence On Precautionary Savingsmentioning

confidence: 94%

See 1 more Smart Citation

Precautionary Saving: A Review of the Empirical Literature

Lugilde

Bande

Riveiro

2018

Journal of Economic Surveys

View full text Add to dashboard Cite

Standard macroeconomic models show that uncertainty plays a significant role in consumption and saving decisions under rather mild conditions, namely the convexity of the marginal utility of consumption. Increased uncertainty generates a positive extra saving, the socalled 'precautionary saving'. Although this hypothesis has been tested by a large number of authors, both at macro and micro level, the empirical results are not conclusive, and the main conclusion than can be drawn is that there is neither consensus on the intensity of that motive for saving, nor on the most appropriate measure of uncertainty. This paper provides a comprehensive review of the empirical literature discussing the main controversial issues and the different approaches followed by the studies addressing empirically the test of precautionary saving.

show abstract

Savings of Households Run by Self-Employed Persons in Rural Areas in Poland

Krupa

Walczak

2016

Business Challenges in the Changing Economic Landscape - Vol. 2

View full text Add to dashboard Cite

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

Cited by 8 publications

References 19 publications

Farmers’ Education and Farmers’ Wealth in Bangladesh

Farmers’ Education and Farmers’ Wealth in Bangladesh

Precautionary Saving: A Review of the Empirical Literature

Savings of Households Run by Self-Employed Persons in Rural Areas in Poland

Contact Info

Product

Resources

About