Insuring Consumption Against Illness
AbstractOne of the most sizable and least predictable shocks to economic opportunities in developing countries is major illness, both in terms of medical care expenditures and lost income from reduced labor supply and productivity. As a result, families may not be able to smooth their consumption over periods of illness. In this paper, we investigate the extent to which families are able to insure consumption against major illness using a unique panel data set from Indonesia that combines excellent measure of health status with consumption information.
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Bibliographic InfoPaper provided by Northwestern University/University of Chicago Joint Center for Poverty Research in its series JCPR Working Papers with number 41.
Date of creation: 01 Sep 1998
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- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
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