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 accumulation and liquidation of cattle and other anima...

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Bibliographic Details
Main Author: Ali, Daniel Ayalew
Format: Electronic Book
Language:English
Published: Washington, D.C. : The World Bank, 2015
Series:Policy research working papers
World Bank e-Library
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Internet

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Stanford University

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Call Number: INTERNET RESOURCE