Expenditure Responses to Adverse Health Shocks: Evidence from a Panel of Colombian Households

dc.contributorGrupo de investigaciones. Facultad de Economía. Universidad del Rosario
dc.creatorCortés Cortés, Darwin
dc.creatorGallegos-Vargas, Andrés
dc.creatorPérez Pérez, Jorge
dc.date.accessioned2023-06-20T19:12:57Z
dc.date.accessioned2023-08-25T16:23:57Z
dc.date.available2023-06-20T19:12:57Z
dc.date.available2023-08-25T16:23:57Z
dc.date.created2023-06-20T19:12:57Z
dc.date.issued2023-06-20
dc.identifierhttps://doi.org/10.48713/10336_39850
dc.identifierhttps://repository.urosario.edu.co/handle/10336/39850
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8437485
dc.description.abstractWe analyze the effect of adverse health shocks on households' expenditure shares in different good categories using a fixed-effects approach and a structural approach based on microeconomic theory. We find that households substitute health and food expenditure in response to adverse health shocks. We find substantial heterogeneity in this trade-off between current and future health mediated by access to social protection, job contract type, and location (urban-rural). Households from rural areas --where household heads are more likely to hold informal jobs and lack access to safety nets-- are more vulnerable than others. Our findings suggest that access to formal employment and a higher quality of local institutions can help mitigate the negative consequences of health shocks.
dc.languageeng
dc.publisherUniversidad del Rosario
dc.publisherFacultad de Economía
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightsAbierto (Texto Completo)
dc.rightshttp://creativecommons.org/licenses/by-nc-sa/4.0/
dc.rightsAttribution-NonCommercial-ShareAlike 4.0 International
dc.sourceAcquah, Joseph Ko and Roshani Dahal (2018), ROSCAs as Lenders of Last Resort After Financial Crises: Lessons from Indonesia." Journal of International Development, 30, 1223- 1239, URL https://doi.org/10.1002/jid.3366.
dc.sourceArbelaez, Mateo, Leopoldo Fergusson, and Andres Zambrano (2019), Endogenous Persistent Shocks and Poverty Traps." Mimeo.
dc.sourceAttanasio, Orazio, Erich Battistin, and Alice Mesnard (2011), Food and Cash Transfers: Evidence from Colombia." The Economic Journal, 122, 92-124, URL https://doi.org/ 10.1111/j.1468-0297.2011.02473.x.
dc.sourceAttanasio, Orazio P and Miguel Székely (2004), Wage Shocks and Consumption Variability in Mexico During the 1990s." Journal of Development Economics, 73, 1-25, URL https: //doi.org/10.1016/j.jdeveco.2003.01.001.
dc.sourceAtuesta, Laura H and Dusan Paredes Araya (2012), A Spatial Cost of Living Index for Colombia using a Microeconomic approach and Censored Data." Applied Economics Letters, 19, 1799-1805.
dc.sourceAyala García, Jhorland (2014), La salud en Colombia: más cobertura pero menos acceso." Technical report, Documentos de Trabajo sobre Economía Regional, Banco de la República.
dc.sourceBanks, James, Richard Blundell, and Arthur Lewbel (1997), Quadratic Engel Curves and Consumer Demand." Review of Economics and Statistics, 79, 527-539, URL https://doi. org/10.1162/003465397557015.
dc.sourceBarnett, William A and Apostolos Serletis (2008), Consumer Preferences and Demand Systems." Journal of Econometrics, 147, 210-224, URL https://doi.org/10.1016/j. jeconom.2008.09.009.
dc.sourceBattistin, Erich (2003), \Errors in Survey Reports of Consumption Expenditures." Technical report, IFS Working Papers.
dc.sourceBlundell, Richard, Margherita Borella, Jeanne Commault, and Mariacristina De Nardi (2020), Why does Consumption Fluctuate in Old Age and How Should the Government Insure It?" Technical report, NBER Working Paper 27348.
dc.sourceCenter for Studies on Economic Development (CEDE) (2016), Encuesta Longitudinal Colombiana de la Universidad de los Andes ELCA." Public and restricted databases. Produced and distributed by the Center for Studies on Economic Development (CEDE), School of Economics, Universidad de los Andes, Bogota, Colombia.
dc.sourceCortés, Darwin and Jorge Pérez Pérez (2010), El Consumo de los Hogares Colombianos, 2006-2007: Estimación de Sistemas de Demanda." Desarrollo y Sociedad, 7-44, URL https: //doi.org/10.13043/dys.66.1.
dc.sourceDeaton, Angus and John Muellbauer (1980), Economics and Consumer Behavior. Cambridge University Press.
dc.sourceGanong, Peter and Pascal Noel (2019), Consumer Spending During Unemployment: Positive and Normative Implications." American Economic Review, 109, 2383-2424, URL https: //doi.org/10.3386/w25417.
dc.sourceGenoni, Maria Eugenia (2012), Health Shocks and Consumption Smoothing: Evidence from Indonesia." Economic Development and Cultural Change, 60, 475 - 506, URL https:// doi.org/10.1257/000282802760015603.
dc.sourceGertler, Paul and Jonathan Gruber (2002), Insuring Consumption Against Illness." American Economic Review, 92, 51-70, URL https://doi.org/10.1257/000282802760015603.
dc.sourceGertler, Paul, David I Levine, and Enrico Moretti (2009), Do Micro nance Programs Help Families Insure Consumption Against Illness?" Health Economics, 18, 257-273, URL https://doi.org/10.1002/hec.1372.
dc.sourceHo, Daniel E, Kosuke Imai, Gary King, and Elizabeth A Stuart (2007), Matching as Nonparametric Preprocessing for Reducing Model Dependence in Parametric Causal Inference." Political Analysis, 15, 199-236.
dc.sourceKinnan, Cynthia, Krislert Samphantharak, Robert Townsend, and Diego A Vera Cossio (2020), Propagation and Insurance in Village Networks." Working Paper 28089, National Bureau of Economic Research, URL https://doi.org/10.3386/w28089.
dc.sourceLecocq, Sébastien and Jean-Marc Robin (2015), Estimating Almost-ideal Demand Systems with Endogenous Regressors." The Stata Journal, 15, 554-573, URL https://doi.org/ 10.1177/1536867X1501500214.
dc.sourceLewbel, Arthur and Krishna Pendakur (2009), Tricks with Hicks: The EASI demand system." American Economic Review, 99, 827-63, URL https://doi.org/10.1257/aer.99.3.827.
dc.sourceLondoño Cano, Daniel, Edwar Londoño Zapata, and Andrés Ramírez Hassan (2011), Un Sistema Casi Ideal de Demanda para el Gasto en Colombia: Una Estimación utilizando el Método Generalizado de los Momentos en el Período 1968-2007." Ecos de Economia: A Latin American Journal of Applied Economics, 15, 39-58.
dc.sourcePollak, Robert A and Terence J Wales (1981), Demographic Variables in Demand Analysis." Econometrica: Journal of the Econometric Society, 1533-1551.
dc.sourceSolon, Gary, Steven J Haider, and Jeffrey M Wooldridge (2015), What are We Weighting For?" Journal of Human Resources, 50, 301-316, URL https://doi.org/10.3386/ w18859.
dc.sourceSparrow, Robert, Ellen Van de Poel, Gracia Hadiwidjaja, Athia Yumna, NilaWarda, and Asep Suryahadi (2014), Coping with the Economic Consequences of Ill Health in Indonesia." Health Economics, 23, 719-728, URL https://doi.org/10.1002/hec.2945.
dc.sourceWagstaff , Adam (2007), The Economic Consequences of Health Shocks: Evidence from Vietnam." Journal of Health Economics, 26, 82-100, URL https://doi.org/10.1016/ j.jhealeco.2006.07.001.
dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.subjectCrisis sanitarias
dc.subjectGasto de los hogares
dc.subjectTrabajo informal
dc.subjectUrbano-rural
dc.subjectTeoría microeconómica
dc.titleExpenditure Responses to Adverse Health Shocks: Evidence from a Panel of Colombian Households
dc.typeworkingPaper


Este ítem pertenece a la siguiente institución