Saving and Income Smoothing in Côte d'Ivoire
Saving and Income Smoothing in Côte d'Ivoire
复制标题
科特迪瓦的储蓄和收入平滑
DOI：
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发表时间：
1992
期刊：
影响因子：
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通讯作者：
Angus Deaton
中科院分区：
文献类型：
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作者：
Angus Deaton
这份文件涉及科特迪瓦农民和其他家庭为了使他们的消费比他们的收入更平稳而储蓄和储蓄的程度。我试图测试一种严格的跨期平滑形式，即消费遵循永久收入假设，根据该假设，消费等于资产总和的年金价值，以及当前和预期未来劳动收入的当前贴现值。最不发达国家的家庭能够并确实在多大程度上稳定他们的收入仍然是一个有争议的问题。特别是在农村地区，正规的信贷市场不完善或不存在，有时有人认为，穷人和受教育程度低的人发现很难做出良好的跨期选择。然而，许多重要的政策问题仍悬而未决。
This paper is concerned with the extent to which farmers and other households in Cote d'lvoire save and dis-save in order to make their consumption smoother than their incomes. I attempt to test a strict form of inter-temporal smoothing, that consumption follows the permanent income hypothesis, by which consumption is equal to the annuity value of the sum of assets and the present discounted value of current and expected future labour income. The extent to which households in LDCs can and do smooth their incomes is still a matter of debate. Especially in rural areas, formal credit markets are imperfect or absent, and it has sometimes been argued that poor and ill-educated people find it inherently difficult to make good inter-temporal choices. Yet many important policy issues hang on the issue.