Asset Portfolios in Africa: Evidence from Rural Ethiopia
Christian Rogg
No RP2006-145, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
This paper considers asset holdings in rural Ethiopia. It shows that households own mostly non-financial assets and that the composition of asset portfolios varies significantly with the household's overall wealth and its exposure to uncertainty. As regards the distribution of assets, inequality is lowest for land holdings and much higher for all other assets. More generally, asset inequality is higher than consumption inequality but, somewhat surprisingly, lower than income inequality.
Keywords: Equality and inequality; Households; Poverty; Saving and investment; Wealth (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2006-145
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