Requiescat in Pace? The Consequences of High-Priced Funerals in South Africa
In: Explorations in the Economics of Aging
We examine the costs associated with funerals and the effects of funeral spending on household functioning, using data collected in the Agincourt Demographic Surveillance Site in South Africa. We find that large outlays of money at the time of the funeral leave households vulnerable to future hardship. Households that buried a member report lower spending per person, poorer adult affect, and lower rates of school enrollment for children than do other households. We present evidence consistent with the financial burden associated with a funeral having direct, adverse effects on households.
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Economic Development and Cultural Change,
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- Anne Case & Anu Garrib & Alicia Menendez & Analia Olgiati, 2008. "Paying the Piper: The High Cost of Funerals in South Africa," NBER Working Papers 14456, National Bureau of Economic Research, Inc.
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