The economic consequences of health shocks / Adam Wagstaff Wagstaff, Adam

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Author
Wagstaff, Adam
Subjects
Medical care, Cost of - Vietnam.; Medical economics - Vietnam.
Summary
"While there is a great deal of anecdotal evidence on the economic effects of adverse health shocks, there is relatively little hard empirical evidence. The author builds on recent empirical work to explore in the context of postreform Vietnam two related issues: (1) how far household income and medical care spending responds to health shocks, and (2) how far household consumption is protected against health shocks. The results suggest that adverse health shocks - captured by negative changes in body mass index (BMI) - are associated with reductions in earned income. This appears to be only partly - if at all - due to a reverse feedback from income changes to BMI changes. By contrast, there is a hint - the relevant coefficient is not significant - that adverse BMI shocks may result in increases in unearned income. This may reflect additional gifts, remittances, and so on, from family and friends following the health shock ... "--Cover verso.
Bookmark
http://trove.nla.gov.au/work/259826
Work ID
259826

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e.g. test cricket, Perth (WA), "Parkes, Henry"

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