Are African Households Heterogeneous Agents is popular PDF and ePub book, written by Ms.Louise Fox in 2015-05-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Are African Households Heterogeneous Agents can be Read Online from any device for your convenience.
Are African Households Heterogeneous Agents Book PDF Summary
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and consumption of house-holds well up the income distribution, the lack of formal financial inclusion for all but the richest households, and the importance of non-wage income. These stylized facts suggest that an externally-generated macroeconomic shock and the short-term policy response would mainly affect the behavior and welfare of these richer urban households, who are also more likely to have the means to cope. Middle class and poor households, especially in rural areas, should be insulated from these external shocks but vulnerable to a wide range of structural factors in the economy as well as idiosyncratic shocks.
Detail Book of Are African Households Heterogeneous Agents PDF
- Author : Ms.Louise Fox
- Release : 06 May 2015
- Publisher : International Monetary Fund
- ISBN : 9781475581034
- Genre : Business & Economics
- Total Page : 36 pages
- Language : English
- PDF File Size : 9,9 Mb
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