AERE Seminar | Consumption behaviours and poverty traps: A case study of detailed diary data from rural poor smallholder households in Uganda by Daniel Gregg – School of Economics AERE Seminar | Consumption behaviours and poverty traps: A case study of detailed diary data from rural poor smallholder households in Uganda by Daniel Gregg – School of Economics

AERE Seminar | Consumption behaviours and poverty traps: A case study of detailed diary data from rural poor smallholder households in Uganda by Daniel Gregg

Invites you to an

AERE Reading Group seminar

presented by

Daniel Gregg

The University of Adelaide

 

Consumption behaviours and poverty traps:
A case study of detailed diary data from rural poor smallholder households in Uganda

 

Co authors:

David Just – Cornell University
Daniel Hill – Heuris

Wednesday 27 March 2023

11.00pm – 12.30pm

Room 650

A02 – Social Sciences Building
Camperdown Campus
The University of Sydney NSW 2006

 

There remain few empirical insights on behavioral patterns in consumption and savings for poor households in developing countries. This paucity of information constrains the development of informed policies and interventional programs for development outcomes. We present a comprehensive study of the behavioral dynamics of consumption and income providing unique and detailed insights into consumption behaviors that are likely to act as key causes of chronic poverty amongst poor, rural households. Our study is based on a unique dataset of 24 weekly observations on income, consumption, and savings from 443 rural households in Uganda. Results show a prevalence for Rule-of-Thumb consumption and Keeping Up     with the Joneses, with these effects shown to be asymmetrical in that households seek to maintain positive shocks to consumption more than negative shocks. A simulation study shows that these two consumption behaviors reduce savings levels of households and, that their presence generates poverty traps under relatively general conditions.

 Our full seminar program is available at:
http://sydney.edu.au/arts/economics/research/seminars.shtml

 For further information contact:

AERE Reading Group Seminar Coordinator Alastair Fraser

For all upcoming seminars in School of Economics see Our events and Calendar

Date

Mar 27 2024
Expired!

Time

11:00 am - 12:30 pm

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