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    The Role of the Family as an Informal Insurance Mechanism

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    Date
    2013
    Author
    Dalton, Michael Robert
    Advisor
    Hotz, V. Joseph
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    Abstract

    This dissertation examines the extent of different forms of informal insurance provided by both co-resident and non-co-resident family members. Primarily relying on the Panel Study of Income Dynamics, a unique, longitudinal survey dataset from the United States, this dissertation provides new insight on the importance and unique motives that may drive interactions between family members. These two essays investigate the different forms of assistance that the family uses in two different contexts: in response to unemployment and health conditions. The results in this paper provide new insight into the role that informal interactions can have on decisions and behavior. This research suggests new direction for future economic models dealing with the family, networks, risk, unemployment, health, and location decisions. The overarching theme is that decisions are made jointly across households, not just within a household.

    Type
    Dissertation
    Department
    Economics
    Subject
    Economics, Labor
    Economics
    Family
    Health
    Insurance
    Labor
    Risk
    Unemployment
    Permalink
    http://hdl.handle.net/10161/7261
    Citation
    Dalton, Michael Robert (2013). The Role of the Family as an Informal Insurance Mechanism. Dissertation, Duke University. Retrieved from http://hdl.handle.net/10161/7261.
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    This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

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