2018•Empirical EconomicsRequires access

Demand for emergency savings is higher for low-income households, but so is the cost of shocks

Scott Fulford

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Key concepts: Economics, Subsistence agriculture, Precautionary savings, Buffer stock scheme, Low income, Stock (firearms), Income elasticity of demand, Permanent income hypothesis

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Demand for emergency savings is higher for low-income households, but so is the cost of shocks — Research Paper | ScholarLens