CORDIS Project
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This project investigates the role of extended families in providing financial support to poor households in developing countries. It examines how these families help smooth consumption and encourage investment in education amidst climate risks and economic uncertainties.
Poor households in developing countries face low and volatile incomes, with little access to forma credit and insurance.
Households often resort to informal institutions in order to smooth consumption and foster investment.
The extended family could be such an institution.
We test for the relevance of the extended family as a provider of resources able to smooth consumption fluctuations and promote high return investment in non-collateralizable assets such as education.
Climate risk and weather…
UNIVERSITE DE GENEVE
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Spain, Cerdanyola Del Vallès
Type: Research institute
Activity type: Research Organisations
SME: No
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