Liquid milk: Cash constraints and day-to-day intertemporal choice in financial diaries

This paper tests whether cash constraints affect preferences over the timing of income, using high-frequency panel data of intertemporal choice among Kenyan dairy farmers. When selling milk, these farmers choose between a cooperative, which defers payments by approximately one month, and the market,...

Full description

Bibliographic Details
Main Authors: Geng, Xin, Janssens, Wendy, Kramer, Berber
Format: Conference Paper
Language:Inglés
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/10568/147964

Similar Items: Liquid milk: Cash constraints and day-to-day intertemporal choice in financial diaries