Risk Sharing and Asset Transfers : The Role of Livestock Transfers in Northern Kenya

  title={Risk Sharing and Asset Transfers : The Role of Livestock Transfers in Northern Kenya},
  author={John G. McPeak},
Abstract In many low-income, high-risk environments househol ds participate in informal risk sharing institutions involving inter-household tran sfers. This study focuses on: asset transfers and asset risk; the influence of past beh avior on access to transfers; and wealth-differentiated transfer behavior. Panel dat a on livestock transfers in northern Kenya are analyzed. Three explanations of livestoc k ransfers are investigated: ex post insurance; ex ante precautionary savings; and… CONTINUE READING

From This Paper

Topics from this paper.


Publications referenced by this paper.
Showing 1-10 of 26 references

Mutual Insurance as an Elus

J. Platteau
View 6 Excerpts
Highly Influenced

Contrasting Asset Shocks

J. Ecology. McPeak
View 3 Excerpts
Highly Influenced

Ariaal Pastoralists of Kenya

E. Fratkin
View 2 Excerpts

Asset smoot

F. Zimmerman, M. Carter
View 1 Excerpt

Changing uses of wealth stores

M. Turner
View 1 Excerpt

Can’t Get Ahead

C. Barrett, M. Carter

“ Imperfect Commitment , Altruism , and the Family : evidence from transfer behavior in low - income rural areas . ” The Review of Economics and Statistics

E. Fratkin, E. Roth

) . “ Remembered Cattle , Forgotten P ople : The Morality of Exchange & the Exclusion of the Turkana Poor . ”

M. Carter, F. Zimmerman
The Poor are Not Us : poverty and pastoralism in Eastern Africa • 2000
View 1 Excerpt

“ Mutual Insurance , Individual Savings , and Limited Commitment . ”

E. Ligon, J. Thomas, T. Worrall
Review of Economic Dynamics • 2000
View 2 Excerpts

Similar Papers

Loading similar papers…