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A New Test of the Permanent Income Hypothesis: The Impact of Weather on the Income and Consumption of Farm Households in India


  • Wolpin, Kenneth I


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  • Wolpin, Kenneth I, 1982. "A New Test of the Permanent Income Hypothesis: The Impact of Weather on the Income and Consumption of Farm Households in India," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(3), pages 583-594, October.
  • Handle: RePEc:ier:iecrev:v:23:y:1982:i:3:p:583-94

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    References listed on IDEAS

    1. Atkinson, A B & Sandmo, A, 1980. "Welfare Implications of the Taxation of Savings," Economic Journal, Royal Economic Society, vol. 90(359), pages 529-549, September.
    2. Alan J. Auerbach & Laurence J. Kotlikoff, 1983. "National Savings, Economic Welfare, and the Structure of Taxation," NBER Chapters,in: Behavioral Simulation Methods in Tax Policy Analysis, pages 459-498 National Bureau of Economic Research, Inc.
    3. Chamley, Christophe, 1981. "The Welfare Cost of Capital Income Taxation in a Growing Economy," Journal of Political Economy, University of Chicago Press, vol. 89(3), pages 468-496, June.
    4. Weber, Warren E, 1975. "Interest Rates, Inflation, and Consumer Expenditures," American Economic Review, American Economic Association, vol. 65(5), pages 843-858, December.
    5. Weber, Warren E, 1970. "The Effect of Interest Rates on Aggregate Consumption," American Economic Review, American Economic Association, vol. 60(4), pages 591-600, September.
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    Cited by:

    1. Youngjae Lim & Robert Townsend, 1998. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 59-118, January.
    2. Kochar, Anjini, 2004. "Ill-health, savings and portfolio choices in developing economies," Journal of Development Economics, Elsevier, vol. 73(1), pages 257-285, February.
    3. Rose, Elaina, 2001. "Ex ante and ex post labor supply response to risk in a low-income area," Journal of Development Economics, Elsevier, vol. 64(2), pages 371-388, April.
    4. Wong, Grace Y. & Godoy, Ricardo, 2003. "Consumption and Vulnerability Among Foragers and Horticulturalists in the Rainforest of Honduras," World Development, Elsevier, vol. 31(8), pages 1405-1419, August.
    5. Behrman, Jere R., 2010. "Investment in Education Inputs and Incentives," Handbook of Development Economics, Elsevier.
    6. Patrick Honohan, 1995. "The Impact of Financial and Fiscal Policies on Saving," Papers WP059, Economic and Social Research Institute (ESRI).
    7. Fafchamps, Marcel & Udry, Christopher & Czukas, Katherine, 1998. "Drought and saving in West Africa: are livestock a buffer stock?," Journal of Development Economics, Elsevier, vol. 55(2), pages 273-305, April.
    8. Maria Porter, 2016. "Effects of microcredit and other loans on female empowerment in Bangladesh: the borrower's gender influences intra-household resource allocation," Agricultural Economics, International Association of Agricultural Economists, vol. 47(2), pages 235-245, March.
    9. Dacuycuy, Connie B., 2016. "Weather Events and Welfare in the Philippine Households," Discussion Papers DP 2016-34, Philippine Institute for Development Studies.
    10. Ashok Mishra & Hiroki Uematsu & J. Matthew Fannin, 2013. "Measuring precautionary wealth using cross-sectional data: the case of farm households," Review of Economics of the Household, Springer, vol. 11(1), pages 131-141, March.
    11. Paul J. Gertler & Sebastian W. Martinez & Marta Rubio-Codina, 2012. "Investing Cash Transfers to Raise Long-Term Living Standards," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 164-192, January.
    12. Larson, Donald F. & Plessmann, Frank, 2009. "Do farmers choose to be inefficient? Evidence from Bicol," Journal of Development Economics, Elsevier, vol. 90(1), pages 24-32, September.
    13. Wunder, Sven & Börner, Jan & Shively, Gerald & Wyman, Miriam, 2014. "Safety Nets, Gap Filling and Forests: A Global-Comparative Perspective," World Development, Elsevier, vol. 64(S1), pages 29-42.
    14. Bazzi, Samuel & Sumarto, Sudarno & Suryahadi, Asep, 2015. "It's all in the timing: Cash transfers and consumption smoothing in a developing country," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 267-288.
    15. Meng, Xin, 2003. "Unemployment, consumption smoothing, and precautionary saving in urban China," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 465-485, September.
    16. Manoj Mohanan, 2008. "Consumption Smoothing and Household Responses: Evidence from Random Exogenous Health Shocks," CID Working Papers 23, Center for International Development at Harvard University.
    17. Simon Lange & Malte Reimers, 2014. "Livestock as an Imperfect Buffer Stock in Poorly Integrated Markets," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 162, Courant Research Centre PEG.
    18. Dacuycuy, Connie B., 2016. "Weather Events and Welfare in the Philippine Households," Research Paper Series DP 2016-34, Philippine Institute for Development Studies.
    19. Adams, Richard H., 2002. "Precautionary saving from different sources of income - evidence from rural Pakistan," Policy Research Working Paper Series 2761, The World Bank.
    20. Alderman, Harold, 1996. "Saving and economic shocks in rural Pakistan," Journal of Development Economics, Elsevier, vol. 51(2), pages 343-365, December.

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