Journal of Economic Perspectives
ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)
Symposium on Consumption Smoothing in Developing Countries
Journal of Economic Perspectives
vol. 9,
no. 3, Summer 1995
(pp. 81–82)
(Complimentary)
Abstract
This symposium explores how households in low-income countries, even without access to formal credit and insurance markets, find ways to smooth consumption in the face of large shocks to their income. This general area of risk sharing and consumption smoothing has received a great deal of attention from development economists in the last five years. The papers highlight the extent to which theoretical work in mechanism design, contract theory, and information economics has informed recent work in development economics. These papers also underscore the ways large, detailed household level data sets have recently been applied in developing country research.Citation
Case, Anne. 1995. "Symposium on Consumption Smoothing in Developing Countries." Journal of Economic Perspectives, 9 (3): 81–82. DOI: 10.1257/jep.9.3.81JEL Classification
- O10 Economic Development: General
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