EconPapers    
Economics at your fingertips  
 

How do the poor cope with hardships when mutual assistance is unavailable?

Masahiro Shoji ()

Economics Bulletin, 2008, vol. 15, issue 13, 1-17

Abstract: This paper investigates how risk coping strategies differ between idiosyncratic and covariate income shocks using evidence from a nation-wide flood in Bangladesh. It is found that availability of coping strategies significantly depends on the covariate-idiosyncratic characteristic of shocks. The main strategies for idiosyncratic and moderate covariate shocks are interest-free informal credit and additional labor supply for fishing, but they are not utilized to cope with the severe covariate shocks. Instead, people must resort to borrowing with high interest as a last resort.

Keywords: South; Asia (search for similar items in EconPapers)
JEL-codes: O1 E2 (search for similar items in EconPapers)
Date: 2008-07-26
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2008/Volume15/EB-08O10015A.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08o10015

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

 
Page updated 2020-11-13
Handle: RePEc:ebl:ecbull:eb-08o10015