All households | “ex ante” households | “ex post” households | ||||
Mean | S.D. | Mean | S.D. | Mean | S.D. | |
Variables | ||||||
Total flow ratio | 0.21 | 0.77 | 0.26 | 0.73 | 0.18*** | 0.80 |
Flow liquid asset ratio | 0.07 | 0.13 | 0.09 | 0.15 | 0.05*** | 0.12 |
Flow productive asset ratio | 0.14 | 0.76 | 0.17 | 0.71 | 0.12* | 0.79 |
Total stock ratio | 14.91 | 37.93 | 12.24 | 17.90 | 16.82*** | 47.30 |
Stock liquid asset ratio | 0.15 | 0.35 | 0.19 | 0.43 | 0.12*** | 0.27 |
Stock productive asset ratio | 14.76 | 37.94 | 12.05 | 17.92 | 16.71*** | 47.30 |
Shock | 0.58 | 0.49 | ||||
Household member shocks | 0.09 | 0.28 | ||||
Economic/natural shocks | 0.54 | 0.50 | ||||
Household head characteristics | ||||||
Gender | 0.82 | 0.38 | 0.80 | 0.40 | 0.84 | 0.37 |
Edu2 | 0.07 | 0.25 | 0.09 | 0.028 | 0.06 | 0.23 |
Edu3 | 0.01 | 0.12 | 0.02 | 0.14 | 0.01 | 0.09 |
Household characteristics | ||||||
Person | 4.85 | 2.00 | 4.53 | 1.90 | 5.08 | 2.03 |
Young rate | 0.25 | 0.22 | 0.23 | 0.22 | 0.26 | 0.22 |
Old rate | 0.18 | 0.24 | 0.14 | 0.28 | 0.10 | 0.21 |
Social network | ||||||
Supporters | 1.61 | 0.98 | 1.60 | 0.99 | 1.62 | 0.97 |
Organization | 0.79 | 0.41 | 0.76 | 0.43 | 0.81 | 0.39 |
Assistance | 4.24 | 5.71 | 4.13 | 5.80 | 4.31 | 5.65 |
Insurance | 0.82 | 0.38 | 0.78 | 0.41 | 0.86 | 0.35 |
Instruments | ||||||
Ethnicity | 0.62 | 0.49 | 0.71 | 0.46 | 0.55 | 0.50 |
Area1 | 0.52 | 0.50 | 0.43 | 0.49 | 0.59 | 0.49 |
Area2 | 0.15 | 0.36 | 0.16 | 0.37 | 0.14 | 0.35 |
Area3 | 0.24 | 0.43 | 0.29 | 0.45 | 0.20 | 0.40 |
Observations | 3227 | 1352 | 1875 |