Consumption smoothing and the welfare cost of uncertainty
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More about this item
Keywordsincome uncertainty; consumption smoothing; subjective well-being; rainfall variability;
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-DEV-2019-01-07 (Development)
- NEP-HAP-2019-01-07 (Economics of Happiness)
- NEP-UPT-2019-01-07 (Utility Models & Prospect Theory)
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