Gertler, Paul J.; Levine, David I.; Moretti, Enrico - In: CESifo economic studies : CESifo, a joint initiative of … 52 (2006) 3, pp. 455-499
We estimate the effect of social capital on the ability of households to insure consumption after unexpected negative shocks. Many theoretical models argue that strong ties to extended family members and to one's community help protect families when an adult becomes ill or disabled. Using...
