Journal
JOURNAL OF DEVELOPMENT STUDIES
Volume 42, Issue 2, Pages 301-321Publisher
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/00220380500405501
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Increasing attention is now being paid to poverty dynamics in developing countries. This work links the extent to which households smooth consumption or smooth assets given income shocks, the empirical evidence on the churning of households in and out of poverty and the possibility that temporary shocks can have permanent consequences. Using longitudinal data from rural Zimbabwe, this paper extends the discussion of these issues by disaggregating the impact of shocks by levels of asset holdings, by disaggregating the impact of shocks oil individual level welfare and by assessing the extent to which such shocks have permanent consequences. B) doing so, it assesses the validity of distinguishing between asset and consumption smoothing and provides insights into whether poverty dynamics assessed (it the household level provide all adequate picture of dynamics at the individual level.
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