Risk-Sharing Networks in Rural Philippines.
Using detailed data on gifts, loans, and asset sales, this paper investigates how rural Filipino households deal with income and expenditure shocks. We find that shocks have a strong effect on gifts and informal loans, but little effect on sales of livestock and grain. Mutual insurance does not appe...
Main Authors: | Fafchamps, M, Lund, S |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2001
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