Servicios financieros y mitigación de choques al consumo en los hogares rurales colombianos

This research assesses whether access to a savings account and, in general, to the financial system can mitigate the impact of exogenous shocks to rural household consumption in Colombia. Using data from the Colombian Longitudinal Survey of the University of the Andes (ELCA) for the year 2013, it is...

Full description

Autores:
Montero Liévano, David Santiago
Tipo de recurso:
Trabajo de grado de pregrado
Fecha de publicación:
2021
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
spa
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/51392
Acceso en línea:
http://hdl.handle.net/1992/51392
Palabra clave:
Servicios financieros
Consumo (Economía)
Economía rural
Economía
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:This research assesses whether access to a savings account and, in general, to the financial system can mitigate the impact of exogenous shocks to rural household consumption in Colombia. Using data from the Colombian Longitudinal Survey of the University of the Andes (ELCA) for the year 2013, it is found that the impact of exogenous shocks on the rural population can be divided into three categories of shocks recently suffered by rural households. To quantify the impact, the sample of households are divided into those that currently have a savings account and those that do not, and the effect of the shock on the household's monthly food consumption is then estimated. The results of the regressions carried out are not conclusive because the coefficients are not significant enough. However, the estimated coefficients suggest that having a savings account can have a smoothing effect on household consumption. This finding may encourage...