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Consumption and income dynamics of the rural poor: Evidence for behavioral consumption theories using high-frequency household-level income-diary data in rural Uga

Event Details

Dr. David R. Just is an agricultural economist who examines individual decisions involving both consumers and producers in the food system. His work has examined public policy issues around food choice, food assistance, and the impact of biofuel policy on food markets.

Consumption and savings play a key role in the prevalence of chronic poverty. Yet the dynamics of consumption/savings with respect to income have been rarely explored due to a paucity of high-frequency data on a sufficient sample of households. We present a unique dataset and consider alternative behavioral models of consumption based on a unique dataset of weekly observations across 24 weeks on income, consumption, and savings from 480 coffee-producing households in eastern Uganda.

Friday, Sep. 13, 2019 3:00 pm – 4:00 pm Harding Hall , 0025