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(DP 2013-12) Shocks to Philippine households: Incidence, idiosyncrasy and impact

UPSE Discussion Papers

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Title (DP 2013-12) Shocks to Philippine households: Incidence, idiosyncrasy and impact
 
Creator Capuno, Joseph J.
Kraft, Aleli D.
Quimbo, Stella A.
Tan, Jr., Carlos Antonio R.
 
Subject Household shocks; coping mechanisms; welfare
 
Description With their country located in the Pacific Ring of Fire and in the monsoon belt, Philippine households are perennially exposed to natural disasters and calamities. In addition, they face health, economic and sociopolitical risks. Using a nationally representative sample of households, we assess the overall incidence of different shocks, the extent to which they simultaneously affect households in the same area, and their impact. A huge majority of households experience shocks, with the incidence of different shocks being roughly the same for poor and rich households. Natural and economic shocks appear to affect more households simultaneously in the same area than sociopolitical shocks, health shocks and deaths. Health shocks and deaths lead to greater short-term and long-term impacts. Richer households are able to recover better than the poor. We draw some implications for the design and targeting of social health insurance, disaster management and other social protection programs.JEL classification: D10, I38
 
Publisher UPSE Discussion Papers
 
Contributor
 
Date 2013-11-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/737
 
Source UPSE Discussion Papers; 2013
 
Language eng
 
Relation http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/737/191