Ersado, Lire; Alderman, Harold; Alwang, Jeffrey R. (University of Chicago Press, 2003-10)
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.