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ID:37861599
大小:2.50 MB
页数:8页
时间:2019-06-01
《MIT-(麦昆宏观经济)lec14b》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、WealthAccumulationandFactorsAccountingforSuccessAnanPawasutipaisitandRobertM.TownsendApril2,2009Household490614•HighestROAamonglivestockhouseholds(16.85%APR).•Thereare3membersanditssizeandcompositionneverchangeforthishousehold.•Atbaseline:head(#1)wasmarriedmale,37yearold,P.4degre
2、e.Member#2wasspouse,30yearold,P.6degree.Priorprimaryoccupationforbothmemberswerecornfarmerwhereheadandspousespend19,12yearsrespectively.Member#3wasdaughter,7yearold,stillinschool,withA.3.•Householdrelativewealthpositionisabout35percentileatmonth5,relativewealthhasdeclineto32perce
3、ntileduringmonth24-29,butincreasesteadilyto38per-centileatmonth47,jumprapidlyto54percentileatmonth48,andflucuatewithincreasingtrendandreach64percentileatmonth83-88.•Asignificantjumpinnetworthatmonth48isduetoincreaseincontributedcapital(landfromfatherinlaw).•Hasallsourcesofincomeexc
4、eptfish/shrimp,buttheonlymainsourceofincomeisfromlivestock(dairycows).•Ideacamefromobservingotherpeopleinthearea,andmilkcooperativessenttheirpeopletoeducatevillagersaboutthisoccupation.•Uncertainatthattimewhethertheyshouldchangeoccupation(wifewantedtochangebutnothusband,buttheydid
5、change).•HelpfromfatherinlawwherehelenthislandtitletogetloanfromBAACforinitialfund.•Livestockactivities:•Wifeoccationallyreceivedextratrainingaboutdairycows,andhusbandstudiesdocumentsthatwifegotfromtraining.•Householdplanstoexpandactivities,theywanttohavemoredailycowsbutcon-strai
6、ntsarefundandlabor.••
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