Precautionary Wealth and Financial Access : Evidence from Afghanistan

Precautionary Wealth and Financial Access : Evidence from Afghanistan

Households accumulate wealth as a reserve against unexpected contingencies. We employ a detailed household survey in Afghanistan to study how non-housing wealth accumulation of households varies with labor income uncertainty. We find that households facing higher income uncertainty accumulate si...

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Bibliographic Details
Main Authors: Aghabarari, Leila, Rostom, Ahmed, Sinha, Rishabh
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
ACCESS TO FINANCE
UNCERTAINTY
CONFLICT EXPOSURE
PRECAUTIONARY WEALTH
LIVESTOCK
JEWELRY
Online Access:http://documents.worldbank.org/curated/en/334701522101910190/Precautionary-wealth-and-financial-access-evidence-from-Afghanistan
http://hdl.handle.net/10986/30040
id okr-10986-30040
recordtype oai_dc
spelling okr-10986-300402020-10-28T10:03:50Z Precautionary Wealth and Financial Access : Evidence from Afghanistan Aghabarari, Leila Rostom, Ahmed Sinha, Rishabh ACCESS TO FINANCE UNCERTAINTY CONFLICT EXPOSURE PRECAUTIONARY WEALTH LIVESTOCK JEWELRY Households accumulate wealth as a reserve against unexpected contingencies. We employ a detailed household survey in Afghanistan to study how non-housing wealth accumulation of households varies with labor income uncertainty. We find that households facing higher income uncertainty accumulate significantly larger quantities of non-housing wealth. Exploiting variation in availability of banks and micro-finance institutions across provinces, we find lower wealth accumulation in provinces having better access to financial institutions. 2018-07-18T16:57:30Z 2018-07-18T16:57:30Z 2018-03-26 Report http://documents.worldbank.org/curated/en/334701522101910190/Precautionary-wealth-and-financial-access-evidence-from-Afghanistan http://hdl.handle.net/10986/30040 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work South Asia Afghanistan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO FINANCE
UNCERTAINTY
CONFLICT EXPOSURE
PRECAUTIONARY WEALTH
LIVESTOCK
JEWELRY
spellingShingle ACCESS TO FINANCE
UNCERTAINTY
CONFLICT EXPOSURE
PRECAUTIONARY WEALTH
LIVESTOCK
JEWELRY
Aghabarari, Leila
Rostom, Ahmed
Sinha, Rishabh
Precautionary Wealth and Financial Access : Evidence from Afghanistan
geographic_facet South Asia
Afghanistan
description Households accumulate wealth as a reserve against unexpected contingencies. We employ a detailed household survey in Afghanistan to study how non-housing wealth accumulation of households varies with labor income uncertainty. We find that households facing higher income uncertainty accumulate significantly larger quantities of non-housing wealth. Exploiting variation in availability of banks and micro-finance institutions across provinces, we find lower wealth accumulation in provinces having better access to financial institutions.
format Report
author Aghabarari, Leila
Rostom, Ahmed
Sinha, Rishabh
author_facet Aghabarari, Leila
Rostom, Ahmed
Sinha, Rishabh
author_sort Aghabarari, Leila
title Precautionary Wealth and Financial Access : Evidence from Afghanistan
title_short Precautionary Wealth and Financial Access : Evidence from Afghanistan
title_full Precautionary Wealth and Financial Access : Evidence from Afghanistan
title_fullStr Precautionary Wealth and Financial Access : Evidence from Afghanistan
title_full_unstemmed Precautionary Wealth and Financial Access : Evidence from Afghanistan
title_sort precautionary wealth and financial access : evidence from afghanistan
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/334701522101910190/Precautionary-wealth-and-financial-access-evidence-from-Afghanistan
http://hdl.handle.net/10986/30040
_version_ 1764470792085569536

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