The Spending Responses to Adverse Health Shocks: Evidence from a Panel of Colombian Households
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We analyze the effect of adverse health shocks on households' different expenditure shares using a difference in differences approach. We find that households engage in substitution between health and food spending in response to the negative 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, with heads holding informal jobs, and without access to safety nets, are more vulnerable than others. We discuss several policy implications.
2008 ◽
Vol 40
(1)
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pp. 83-96
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1982 ◽
Vol 21
(4)
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pp. 275-296
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2021 ◽
Vol 18
(13)
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pp. 7180
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