Precautionary saving from different sources of income evidence from rural Pakistan
Much of past literature has assumed that households in developing countries save at the same marginal rate from all sources of income. But in rural Pakistan households save at very different marginal rates from different sources of income. The marginal propensity to save from those sources of income...
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Format: | eBook |
Language: | English |
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Washington, D.C
World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group
2002
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Series: | Policy research working paper
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Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
Summary: | Much of past literature has assumed that households in developing countries save at the same marginal rate from all sources of income. But in rural Pakistan households save at very different marginal rates from different sources of income. The marginal propensity to save from those sources of income that are more variable and uncertain --- like external remittances --- is much higher than from those sources of income that are more predictable --- like rental income |
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Item Description: | "January 2002. - Includes bibliographical references (p. 22-23). - Title from title screen as viewed on Aug. 22, 2002 |