"Health shocks have been shown to have important economic consequences in industrial countries. Less is known about how … health shocks affect income, consumption, labor market outcomes, and medical expenditures in middle- and low-income countries …. The authors explore these issues in China. In addition to providing new evidence on the general impact of health shocks …

"While there is a great deal of anecdotal evidence on the economic effects of adverse health shocks, there is … 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 …