RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES
Households move strategically to smooth consumption in the event of economic shocks. This paper comprehensively analyzes various coping schemes adopted by households in the event of different types and intensity of economic shocks. We conclusively find that erosive coping is a dominant strategy for...
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| Format: | Article |
| Language: | English |
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University of Petrosani
2016-10-01
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| Series: | Annals of the University of Petrosani: Economics |
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| Online Access: | http://www.upet.ro/annals/economics/pdf/2016/part1/Ahmed_Khalily.pdf |
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| author | MEHERUN AHMED BAQUI KHALILY |
| author_facet | MEHERUN AHMED BAQUI KHALILY |
| author_sort | MEHERUN AHMED |
| collection | DOAJ |
| description | Households move strategically to smooth consumption in the event of economic shocks. This paper comprehensively analyzes various coping schemes adopted by households in the event of different types and intensity of economic shocks. We conclusively find that erosive coping is a dominant strategy for households except asset shocks. It is also evident that the higher the total loss suffered the greater is the likelihood of adopting erosive coping
schemes for any of the three economic shocks. Contrary to the findings related to asset shocks, the household is high likely to adopt erosive savings, help from relatives in case of economic
shocks. In addition to these two methods, households also takes up new loans and mortgaging land when it encounters expenditure shocks. The househols is more prone to adopt multiple strategies in case of income and expenditure shocks. |
| format | Article |
| id | doaj-art-8cc5087781d64777850bd7d2b0fdb304 |
| institution | DOAJ |
| issn | 1582-5949 2247-8620 |
| language | English |
| publishDate | 2016-10-01 |
| publisher | University of Petrosani |
| record_format | Article |
| series | Annals of the University of Petrosani: Economics |
| spelling | doaj-art-8cc5087781d64777850bd7d2b0fdb3042025-08-20T03:11:45ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202016-10-01161530RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICESMEHERUN AHMED0BAQUI KHALILY1Asian University for WomenUniversity of DhakaHouseholds move strategically to smooth consumption in the event of economic shocks. This paper comprehensively analyzes various coping schemes adopted by households in the event of different types and intensity of economic shocks. We conclusively find that erosive coping is a dominant strategy for households except asset shocks. It is also evident that the higher the total loss suffered the greater is the likelihood of adopting erosive coping schemes for any of the three economic shocks. Contrary to the findings related to asset shocks, the household is high likely to adopt erosive savings, help from relatives in case of economic shocks. In addition to these two methods, households also takes up new loans and mortgaging land when it encounters expenditure shocks. The househols is more prone to adopt multiple strategies in case of income and expenditure shocks.http://www.upet.ro/annals/economics/pdf/2016/part1/Ahmed_Khalily.pdfcoping strategieseconomics shocksmicrocreditsavingconsumption expenditurewell being |
| spellingShingle | MEHERUN AHMED BAQUI KHALILY RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES Annals of the University of Petrosani: Economics coping strategies economics shocks microcredit saving consumption expenditure well being |
| title | RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES |
| title_full | RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES |
| title_fullStr | RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES |
| title_full_unstemmed | RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES |
| title_short | RISKS, COPING AND ROLES OF ACCESS TO FINANCIAL SERVICES |
| title_sort | risks coping and roles of access to financial services |
| topic | coping strategies economics shocks microcredit saving consumption expenditure well being |
| url | http://www.upet.ro/annals/economics/pdf/2016/part1/Ahmed_Khalily.pdf |
| work_keys_str_mv | AT meherunahmed riskscopingandrolesofaccesstofinancialservices AT baquikhalily riskscopingandrolesofaccesstofinancialservices |