British Household Survey. …

using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …

In developing countries illness shocks can have a severe impact on household income. Few studies have so fare examined … the effects of mortality. The major difference between illness and mortality shocks is that a death of a household member … of consumption units in the household is reduced. Using data for Indonesia, I show that the economic costs related to the …