Using novel microdata, we explore lifecycle consumption in Sub-Saharan Africa. We find that households' ability to smooth consumption over the lifecycle is large, particularly, in rural areas. Consumption in old age is sustained by shifting to self-farmed staple food, as opposed to traditional savings mechanisms or food gifts. This smoothing strategy indicates two important costs. The first cost is a loss of human capital as children seem to be diverted away from school and into producing self-farmed food. Second, a diet largely concentrated in staple food (e.g., maize in Malawi) in old age results in a loss of nutritional quality for households headed by the elderly.
|Number of pages||28|
|Journal||Journal of Demographic Economics|
|Early online date||22 Aug 2019|
|Publication status||Published - 1 Sept 2019|
- ECON Applied Economics
- ECON CEPS Education
- ECON CEPS Health
- Sub-Saharan Africa
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Dr Leandro M De Magalhaes
- School of Economics - Senior Lecturer in Economics
- Bristol Poverty Institute
- Centre for Structural Econometrics
- Centre for Market and Public Organisation
Person: Academic , Member