MORTALITY SHOCKS AND HOUSEHOLD CONSUMPTION: THE CASE OF MEXICO
MORTALITY SHOCKS AND HOUSEHOLD CONSUMPTION: THE CASE OF MEXICO
Autor: |
Mgr. Marek Šedivý |
Typ: |
IES Working Papers |
Rok: |
2020 |
Číslo: |
22 |
ISSN / ISBN: |
|
Publikováno v: |
IES Working Papers 22/2020 |
Místo vydání: |
Prague |
Klíčová slova: |
Consumption, Consumption smoothing, Death, Mortality |
JEL kódy: |
D12, D15, I15, O12 |
Citace: |
Šedivý, M. (2020) : “Mortality shocks and household consumption: The case of Mexico” IES Working Papers 22/2020. IES FSV. Charles University. |
Abstrakt: |
We study the effect of within-household mortality on the evolution of household per capita consumption. Relying on a panel survey of Mexican households, we find that these households were capable of perfectly smoothing the shock into their consumption caused by the death of a household member. Our findings indicate that a household’s ability to smooth consumption depends neither on the characteristics of the deceased household member nor on the income of a particular household. We find no clear temporal pattern in the evolution of the shock caused by within-household mortality. Our results provide strong support for the hypothesis that the evolution of household consumption is not affected by within-household mortality. |
Ke stažení: |
wp_2020_22_sedivy.pdf |