TY - GEN
AU - Aghabarari, Leila
AU - Rostom, Ahmed
AU - Sinha, Rishabh
TI - Conflict and the nature of precautionary wealth
PB - World Bank Group, Finance, Competitiveness and Innovation Global Practice & Development Research Group
KW - Bürgerkrieg
KW - Sparen
KW - Schmuck
KW - Nutztiere
KW - Verdienstausfall
KW - Haushaltsstatistik
KW - Afghanistan
KW - Graue Literatur
PY - May 2018
N2 - The paper uses a detailed household survey to document precautionary wealth accumulation in Afghanistan, with wealth being significantly higher for households facing higher income uncertainty. Annual household expenditure on nondurable goods is also lower for these households. There is no significant difference in the wealth response to income uncertainty across high- and low-conflict provinces. However, the constituents of precautionary wealth vary drastically. While households in the low-conflict regions rely almost exclusively on livestock to iron out uncertainty, households in the high-conflict areas also build up a reserve of gold and silver. This shift in household portfolio suggests a more substantial decline in real returns of livestock relative to jewelry in high-conflict provinces
BT - Policy research working paper ; 8453
BT - World Bank E-Library Archive
CY - Washington, D.C.
UR - http://slubdd.de/katalog?TN_libero_mab2
ER -
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