The paper uses a detailed household survey to document precautionary wealth accumulation in Afghanistan, with wealth being significantly higher for households facing higher income uncertainty. Annual household expenditure on nondurable goods is also lower for these households. There is no significant difference in the wealth response to income uncertainty across high- and low-conflict provinces. However, the constituents of precautionary wealth vary...
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INFORMATION
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2018/05/23
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Document de travail de recherche sur les politiques
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WPS8453
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1
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1
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2018/05/23
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Disclosed
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Conflict and the nature of precautionary wealth
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care needs
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