High‐Cost Credit and Consumption Smoothing
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Money, Credit and Banking"
DOI: 10.1111/jmcb.12465
Abstract: In this paper, I show that high‐cost credit helps households smooth consumption following periods of temporary financial distress. After experiencing distress—that is, extreme weather events—I find that access to high‐cost payday lending mitigates declines in… read more here.
Keywords: consumption smoothing; high cost; cost credit; credit ... See more keywords
Consumption smoothing and price enhancement motives for grain storage: empirical perspectives from rural Ethiopia
Sign Up to like & getrecommendations! Published in 2020 at "Agricultural and Food Economics"
DOI: 10.1186/s40100-020-00169-x
Abstract: Consumption smoothing and temporal price arbitrage are the two main economic motives for grain storage in semi-subsistence economies. Nonetheless, little has been documented on the determinants of households’ grain storage behavior. Using a rich panel… read more here.
Keywords: smoothing price; grain storage; consumption smoothing; consumption ... See more keywords