Household Responses to Shocks in Rural Ethiopia : Livestock as a Buffer Stock
This paper uses a stochastic dynamic programming model to characterize the optimal savings-consumption decisions and the role of livestock inventories as a buffer stock in rural Ethiopia. The results show that relatively land-rich households use ac...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/04/24407922/household-responses-shocks-rural-ethiopia-livestock-buffer-stock http://hdl.handle.net/10986/21858 |