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Household Risk Management in Rural and Urban Thailand

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dc.creator Rungruxsirivorn, Ornsiri
dc.date 2007
dc.date.accessioned 2013-10-16T07:07:18Z
dc.date.available 2013-10-16T07:07:18Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19881
dc.identifier ppn:560908334
dc.identifier RePEc:zbw:gdec07:6550
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19881
dc.description This paper examines the nature of risk faced by households in Thailand and the strategies that these households adopt to mitigate the adverse effect from income shortfalls. I use a new cross-section dataset that is based on a sample of both urban and rural households. I find that price shock is the most prevalent source of income shortfalls. I also find that the most common risk-mitigating strategy employed by households is to borrow from the Village Fund. Nonetheless, there is a high degree of heterogeneity among households, especially in terms of their sources of income and this plays a key role in determining how a household responds to shocks. Thus, it may not be advisable to design policy based on the paradigm of a representative consumer.
dc.language eng
dc.publisher
dc.relation Proceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 27
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.title Household Risk Management in Rural and Urban Thailand
dc.type doc-type:conferenceObject


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