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来源类型Working Paper
规范类型报告
DOI10.3386/w21059
来源IDWorking Paper 21059
Insurance in extended family networks
Orazio Attanasio; Costas Meghir; Corina Mommaerts
发表日期2015-04-06
出版年2015
语种英语
摘要We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each component is insured. We apply our framework to extended family networks in the United States by exploiting the unique intergenerational structure of the Panel Study of Income Dynamics. We find that over 60% of shocks to household income are potentially insurable within extended family networks. However, we find little evidence that the extended family provides insurance for such idiosyncratic shocks.
主题Microeconomics ; Households and Firms ; Market Structure and Distribution ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation
URLhttps://www.nber.org/papers/w21059
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578733
推荐引用方式
GB/T 7714
Orazio Attanasio,Costas Meghir,Corina Mommaerts. Insurance in extended family networks. 2015.
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