Income Risk, Consumption Security and the Poor

J. G. M. Hoogeveen

Oxford Development Studies, 2002, vol. 30, issue 1, 105-121

Abstract: Households in developing countries have to deal with large fluctuations in income without being able to rely on formal insurance and credit markets. This paper presents an overview of the ways in which poor households attain consumption security and shows that doing so in the absence of security enhancing institutions is costly, especially for the poor.

Date: 2002
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DOI: 10.1080/136008101200114921

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