It takes the average reader and 41 minutes to read Household Consumption Volatility and Poverty Risk: Case Studies from South Africa and Tanzania by Mr.Matthieu Bellon
Assuming a reading speed of 250 words per minute. Learn more
Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks create large consumption fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the vulnerability to shocks across household types (e.g. by education, ethnic group, and economic activity) and we quantify the impact that reducing consumption volatility would have on aggregate poverty. We then discuss coverage of consumption insurance mechanisms, including financial access and transfers. Country characteristics crucially determine which household-level shocks are most prevalent and which consumption-smoothing mechanisms are available. In Tanzania, agricultural shocks are an important source of consumption risk as two thirds of households are involved in some level of agricultural production. For South Africa, we focus on labor market risk proxied by transitions from formal employment to informal work or unemployment. We find that access to credit, when available, and government transfers can effectively mitigate labor market shocks.
Household Consumption Volatility and Poverty Risk: Case Studies from South Africa and Tanzania by Mr.Matthieu Bellon is 41 pages long, and a total of 10,291 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Household Consumption Volatility and Poverty Risk: Case Studies from South Africa and Tanzania aloud.
Household Consumption Volatility and Poverty Risk: Case Studies from South Africa and Tanzania is suitable for students ages 8 and up.
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