Changes in consumption and saving behavior before and after economic shocks: Evidence from Zimbabwe

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Date
2003-10
Journal Title
Journal ISSN
Volume Title
Publisher
University of Chicago Press
Abstract

This study examines the effects of drought and macroeconomic changes on household consumption and savings behavior in Zimbabwe, using two nationally representative cross_sectional data sets that straddle a period of economic volatility. Specifically, the article (1) analyzes changes in consumption and saving behavior before and after economic shocks and (2) investigates the effectiveness of savings as a means of cushioning the impacts of covariate shocks.

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Keywords
northern nigeria, credit market, risk, insurance, constraints, investments, agriculture, income, growth, india, area studies, economics, planning & development
Citation
Lire Ersado, Harold Alderman, and Jeffrey Alwang. "Changes in Consumption and Saving Behavior before and after Economic Shocks: Evidence from Zimbabwe," Economic Development and Cultural Change, Vol. 52, No. 1 (October 2003), pp. 187-215. DOI: 10.1086/380136