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Intrahousehold efficiency and individual insurance in Ghana

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  • Goldstein, Marcus

Abstract

I test a model of Pareto efficient risk sharing within households using consumption data from Ghana. The results reject this model despite showing that individual consumption is not significantly affected by both agricultural and illness shocks. Turning to transfer data, I find evidence that men share risks with both family members and non-family friends when faced with shocks and that women share risk with non-family friends. The form of these arrangements differ based not only on the gender of the individual, but also the type of shock and nature of the transfer.

Suggested Citation

  • Goldstein, Marcus, 2004. "Intrahousehold efficiency and individual insurance in Ghana," LSE Research Online Documents on Economics 6644, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:6644
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    File URL: http://eprints.lse.ac.uk/6644/
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    References listed on IDEAS

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    Cited by:

    1. Fikret Adaman & Oya Pinar Ardic & Didem Tuzemen, 2006. "Network Effects in Risk Sharing and Credit Market Access: Evidence from Istanbul," Working Papers 2006/17, Bogazici University, Department of Economics.
    2. Jonathan Robinson, 2012. "Limited Insurance within the Household: Evidence from a Field Experiment in Kenya," American Economic Journal: Applied Economics, American Economic Association, vol. 4(4), pages 140-164, October.

    More about this item

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics

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