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Income Risk, Consumption Security and the Poor

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  • J. G. M. Hoogeveen

Abstract

Households in developing countries have to deal with large fluctuations in income without being able to rely on formal insurance and credit markets. This paper presents an overview of the ways in which poor households attain consumption security and shows that doing so in the absence of security enhancing institutions is costly, especially for the poor.

Suggested Citation

  • J. G. M. Hoogeveen, 2002. "Income Risk, Consumption Security and the Poor," Oxford Development Studies, Taylor & Francis Journals, vol. 30(1), pages 105-121.
    • Handle: RePEc:taf:oxdevs:v:30:y:2002:i:1:p:105-121
    DOI: 10.1080/136008101200114921
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    References listed on IDEAS

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    1. Datt, Gaurav & Hoogeveen, Hans, 2003. "El Nino or El Peso? Crisis, Poverty and Income Distribution in the Philippines," World Development, Elsevier, vol. 31(7), pages 1103-1124, July.
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    Cited by:

    1. Weiyong Yang, 2007. "Institutional Reforms, Agricultural Risks and Agro-Industrial Diversification in Rural China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 12(3), pages 386-402.
    2. Eskander Alvi & Seife Dendir, 2008. "On attenuation of moral hazard in risk sharing in poor urban economies," International Economic Journal, Taylor & Francis Journals, vol. 22(4), pages 431-444.
    3. Jian Mou & J. Christopher Westland & Tuan Q. Phan & Tianhui Tan, 2020. "Microlending on mobile social credit platforms: an exploratory study using Philippine loan contracts," Electronic Commerce Research, Springer, vol. 20(1), pages 173-196, March.

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