Health Shocks and Short-Term Consumption GrowthAuthor-Name: Sowmya Dhanaraj

Sowmya (sowmya@mse.ac.in)
Additional contact information
Sowmya: Madras School of Economics
Authors registered in the RePEc Author Service: Sowmya Dhanaraj

Working Papers from Madras School of Economics,Chennai,India

Abstract: Health shocks can affect the household economy through a substantial rise in out-of-pocket medical expenditure and/or loss of income. In such a situation, households use a range of coping mechanisms to protect nonmedical consumption. This study empirically investigates whether households are able to insure consumption in the short-term when one or more members face serious illness/death. We also analyse if health shocks have asymmetrical effects on household welfare depending on the members facing the shocks and if access to micro-credit and social capital improves the smoothing ability of the households.Length: 29 pages

Keywords: health shocks; coping strategies; non-medical consumption; micro-credit; social capital (search for similar items in EconPapers)
JEL-codes: I15 I31 (search for similar items in EconPapers)
Date: 2015-08
New Economics Papers: this item is included in nep-hea and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.mse.ac.in/wp-content/uploads/2016/09/Working-Paper-112.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mad:wpaper:2015-112

Access Statistics for this paper

More papers in Working Papers from Madras School of Economics,Chennai,India Contact information at EDIRC.
Bibliographic data for series maintained by Geetha G (info@mse.ac.in).