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

dc.contributor.gruplacGrupo 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.available2023-06-20T19:12:57Z
dc.date.created2023-06-15
dc.date.issued2023-06-20
dc.descriptionEn este trabajo estudiamos el efecto de los choques negativos en salud en el gasto de los hogares en diferentes categorías de bienes utilizando un enfoque de efectos fijos y un enfoque estructural basado en la teoría microeconómica. Encontramos que los hogares sustituyen el gasto en salud por el gasto en alimentación en respuesta a estos choques. Además identificamos una heterogeneidad sustancial en esta sustitución entre salud actual y futura mediada por el acceso a la protección social, el tipo de contrato laboral y la ubicación (urbana-rural). Los hogares de las zonas rurales -donde es más probable que los cabezas de familia tengan empleos informales y carezcan de acceso a redes de protección social- son más vulnerables que los demás. Nuestros resultados sugieren que el acceso al empleo formal y una mayor calidad de las instituciones locales pueden ayudar a mitigar las consecuencias negativas de las crisis sanitarias.
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.format.extent44 pp
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_39850
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/39850
dc.language.isoeng
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.rightsAttribution-NonCommercial-ShareAlike 4.0 International*
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/*
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dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subjectCrisis sanitarias
dc.subjectGasto de los hogares
dc.subjectTrabajo informal
dc.subjectUrbano-rural
dc.subjectTeoría microeconómica
dc.subject.jelD12
dc.subject.jelI15
dc.subject.jelJ46
dc.subject.keywordHealth shocks
dc.subject.keywordHousehold expenditure
dc.subject.keywordInformal labor
dc.subject.keywordUrban-rural
dc.subject.keywordMicroeconomic theory
dc.titleExpenditure Responses to Adverse Health Shocks: Evidence from a Panel of Colombian Households
dc.typeworkingPaper
dc.type.hasVersioninfo:eu-repo/semantics/draft
dc.type.spaDocumento de Trabajo
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