Precautionary saving from different sources of income [electronic resource] : evidence from rural Pakistan / Richard H. Adams.
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TextSeries: Policy research working papers ; 2761. | World Bank e-LibraryPublication details: Washington, D.C. : World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group, [2002]Subject(s): Income -- Pakistan -- Mathematical models | Saving and investment -- Pakistan -- Mathematical modelsAdditional physical formats: Adams, Richard H.: Precautionary saving from different sources of income.LOC classification: HG3881.5.W57Online resources: Click here to access online Also available in print.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.
"January 2002."
Title from title screen as viewed on Aug. 22, 2002.
Includes bibliographical references (p. 22-23).
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.
Also available in print.
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