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

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Date

2003-10

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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