ARE HEALTH SHOCKS DIFFERENT? EVIDENCE FROM A MULTISHOCK SURVEY IN LAOS
Article first published online: 13 JUN 2013
Copyright © 2013 The World Bank Group.
Volume 23, Issue 6, pages 706–718, June 2014
How to Cite
Wagstaff, A. and Lindelow, M. (2014), ARE HEALTH SHOCKS DIFFERENT? EVIDENCE FROM A MULTISHOCK SURVEY IN LAOS. Health Econ., 23: 706–718. doi: 10.1002/hec.2944
- Issue published online: 6 MAY 2014
- Article first published online: 13 JUN 2013
- Manuscript Accepted: 12 APR 2013
- Manuscript Revised: 6 JUN 2012
- Manuscript Received: 18 FEB 2012
- self-reported well-being;
Using primary data from Laos, we compare a broad range of different types of shocks in terms of their incidence, distribution between the poor and the better off, idiosyncrasy, costs, coping responses, and self-reported impacts on well-being. Health shocks are more common than most other shocks, more concentrated among the poor, more idiosyncratic, more costly, trigger more coping strategies, and highly likely to lead to a cut in consumption. Household members experiencing a health shock lost, on average, 0.6 point on a five-point health scale; the wealthier are better able to limit the health impacts of a health shock. Copyright © 2013 The World Bank Group.