Household Risk, Self-Insurance and Coping Strategies in Urban Argentina

This study aims to analyze how economic shocks and macroeconomic volatility affect urban Argentine households, the mechanisms that households employ to survive economic crises, and how successful these tools are. Particular attention is given to th...

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2001/10/1643385/argentina-household-risk-self-insurance-coping-strategies-urban-argentina
http://hdl.handle.net/10986/15467
id okr-10986-15467
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ANTHROPOMETRIC DATA
CAPITAL FLOWS
CHILD LABOR
CIVIL SOCIETY
COMMUNITY WORK
COMPETITIVENESS
CONCEPTUAL FRAMEWORK
CONSUMPTION DATA
CONSUMPTION LEVELS
CONSUMPTION PATTERNS
DATA SOURCES
DEBT
DEVALUATION
DEVELOPING COUNTRIES
ECONOMIC COOPERATION
ECONOMIC MANAGEMENT
ECONOMIC POLICIES
ECONOMIC SHOCKS
ECONOMIC SITUATION
EMERGING MARKETS
EXCHANGE RATE
EXPENDITURES
EXTERNAL DEBT
EXTERNAL SHOCKS
FINANCIAL MARKETS
FISCAL DEFICITS
FISCAL POLICIES
FORMAL LABOR MARKET
GDP
GEOGRAPHICAL COVERAGE
GINI COEFFICIENT
GOVERNMENT INTERVENTION
HEALTH STATUS
HOUSEHOLD BEHAVIOR
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HOUSEHOLD LABOR
HOUSEHOLD LEVEL
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME GENERATION
INCOME INEQUALITY
INCOME SHOCK
INDIVIDUAL LEVEL
INFLATION
INFORMAL ACTIVITIES
INFORMAL NETWORKS
INFORMAL SECTOR
INFORMAL SECTOR EMPLOYMENT
INSURANCE
INSURANCE MARKETS
JOB LOSS
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKETS
LONG TERM
MACRO-ECONOMIC POLICIES
MACROECONOMIC CRISIS
MACROECONOMIC INSTABILITY
MORTALITY
NEGATIVE EXTERNALITIES
NON- GOVERNMENTAL ORGANIZATIONS
NON-GOVERNMENTAL ORGANIZATIONS
NUTRITION
POLICY FRAMEWORK
POLITICAL ECONOMY
POOL RESOURCES
POOR HOUSEHOLDS
POVERTY REDUCTION
PRIVATE CONSUMPTION
PRIVATE SECTOR
PRIVATIZATION
PRODUCT MARKETS
PRODUCTIVITY
PRODUCTIVITY INCREASES
PROTECTION POLICIES
PUBLIC ENTERPRISES
PUBLIC INSTITUTIONS
PUBLIC SECTOR
PUBLIC SERVICES
QUALITATIVE DATA
QUANTITATIVE DATA
REAL WAGES
RETIREMENT
RISK MANAGEMENT
RURAL AREAS
RURAL HOUSEHOLDS
RURAL POPULATION
SAFETY NETS
SAMPLE SIZES
SAVINGS
SECTOR EMPLOYMENT
SOCIAL ASSISTANCE
SOCIAL CAPITAL
SOCIAL DEVELOPMENT
SOCIAL EXPENDITURES
SOCIAL PROTECTION
SOCIAL PROTECTION PROGRAMS
TASK TEAM LEADER
TRANSITION PROCESS
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
URBAN AREAS
URBAN HOUSEHOLDS
URBAN POOR
URBAN POPULATION
URBAN POVERTY
WAGES
WEALTH
WELFARE EFFECTS SELF-INSURANCE
LABOR MARKETS
RISK MANAGEMENT
ECONOMIC CRISIS
INFORMAL SECTOR
GENDER ISSUES
GOVERNMENT ROLE
HOUSEHOLD STRUCTURE
URBAN POPULATION
NONGOVERNMENTAL ORGANIZATIONS
INVESTOR CONFIDENCE
UNDEREMPLOYMENT
UNEMPLOYMENT INSURANCE
SEVERANCE PAY
WOMEN'S ROLE IN HOUSEHOLD
CAPITAL MARKETS
ECONOMIC RISK
MICROCREDITS
SAVINGS
GIRLS' EDUCATION
WOMEN'S EMPLOYMENT
SOCIAL PROTECTION SYSTEMS
CHILDREN IN POVERTY
HOUSEHOLD SURVEYS
spellingShingle ANTHROPOMETRIC DATA
CAPITAL FLOWS
CHILD LABOR
CIVIL SOCIETY
COMMUNITY WORK
COMPETITIVENESS
CONCEPTUAL FRAMEWORK
CONSUMPTION DATA
CONSUMPTION LEVELS
CONSUMPTION PATTERNS
DATA SOURCES
DEBT
DEVALUATION
DEVELOPING COUNTRIES
ECONOMIC COOPERATION
ECONOMIC MANAGEMENT
ECONOMIC POLICIES
ECONOMIC SHOCKS
ECONOMIC SITUATION
EMERGING MARKETS
EXCHANGE RATE
EXPENDITURES
EXTERNAL DEBT
EXTERNAL SHOCKS
FINANCIAL MARKETS
FISCAL DEFICITS
FISCAL POLICIES
FORMAL LABOR MARKET
GDP
GEOGRAPHICAL COVERAGE
GINI COEFFICIENT
GOVERNMENT INTERVENTION
HEALTH STATUS
HOUSEHOLD BEHAVIOR
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HOUSEHOLD LABOR
HOUSEHOLD LEVEL
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME GENERATION
INCOME INEQUALITY
INCOME SHOCK
INDIVIDUAL LEVEL
INFLATION
INFORMAL ACTIVITIES
INFORMAL NETWORKS
INFORMAL SECTOR
INFORMAL SECTOR EMPLOYMENT
INSURANCE
INSURANCE MARKETS
JOB LOSS
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKETS
LONG TERM
MACRO-ECONOMIC POLICIES
MACROECONOMIC CRISIS
MACROECONOMIC INSTABILITY
MORTALITY
NEGATIVE EXTERNALITIES
NON- GOVERNMENTAL ORGANIZATIONS
NON-GOVERNMENTAL ORGANIZATIONS
NUTRITION
POLICY FRAMEWORK
POLITICAL ECONOMY
POOL RESOURCES
POOR HOUSEHOLDS
POVERTY REDUCTION
PRIVATE CONSUMPTION
PRIVATE SECTOR
PRIVATIZATION
PRODUCT MARKETS
PRODUCTIVITY
PRODUCTIVITY INCREASES
PROTECTION POLICIES
PUBLIC ENTERPRISES
PUBLIC INSTITUTIONS
PUBLIC SECTOR
PUBLIC SERVICES
QUALITATIVE DATA
QUANTITATIVE DATA
REAL WAGES
RETIREMENT
RISK MANAGEMENT
RURAL AREAS
RURAL HOUSEHOLDS
RURAL POPULATION
SAFETY NETS
SAMPLE SIZES
SAVINGS
SECTOR EMPLOYMENT
SOCIAL ASSISTANCE
SOCIAL CAPITAL
SOCIAL DEVELOPMENT
SOCIAL EXPENDITURES
SOCIAL PROTECTION
SOCIAL PROTECTION PROGRAMS
TASK TEAM LEADER
TRANSITION PROCESS
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
URBAN AREAS
URBAN HOUSEHOLDS
URBAN POOR
URBAN POPULATION
URBAN POVERTY
WAGES
WEALTH
WELFARE EFFECTS SELF-INSURANCE
LABOR MARKETS
RISK MANAGEMENT
ECONOMIC CRISIS
INFORMAL SECTOR
GENDER ISSUES
GOVERNMENT ROLE
HOUSEHOLD STRUCTURE
URBAN POPULATION
NONGOVERNMENTAL ORGANIZATIONS
INVESTOR CONFIDENCE
UNDEREMPLOYMENT
UNEMPLOYMENT INSURANCE
SEVERANCE PAY
WOMEN'S ROLE IN HOUSEHOLD
CAPITAL MARKETS
ECONOMIC RISK
MICROCREDITS
SAVINGS
GIRLS' EDUCATION
WOMEN'S EMPLOYMENT
SOCIAL PROTECTION SYSTEMS
CHILDREN IN POVERTY
HOUSEHOLD SURVEYS
World Bank
Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
geographic_facet Latin America & Caribbean
description This study aims to analyze how economic shocks and macroeconomic volatility affect urban Argentine households, the mechanisms that households employ to survive economic crises, and how successful these tools are. Particular attention is given to the structure and wealth of the household and the gender roles of its members. The report identifies how to strengthen the risk management tools to better weather future crises. First, it identifies areas where the government can strengthen mechanisms used by households to insure against the risk of income loss due to a macroeconomic crisis or to cope with such loses when they do occur. Second, the report addresses the appropriate role of the government in providing assistance when risk management by the household is absent or is not adequate. Finally, recognizing that some household reactions to income loss have important long term unintended negative effects, the report recommends on how to discourage such costly behaviors. Among the findings of the study are: Households are not able to perfectly smooth consumption across periods of economic volatility; thus, some adjustment is needed even by the rich. No evidence exists that the macroeconomic policies of the 1990s are directly responsible for changes in manufacturing wages for skilled and unskilled workers. Many Argentines insure against the risk of negative income shocks by having mutiple jobs, and they turn to their families when needed.
author World Bank
author_facet World Bank
author_sort World Bank
title Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
title_short Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
title_full Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
title_fullStr Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
title_full_unstemmed Household Risk, Self-Insurance and Coping Strategies in Urban Argentina
title_sort household risk, self-insurance and coping strategies in urban argentina
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2001/10/1643385/argentina-household-risk-self-insurance-coping-strategies-urban-argentina
http://hdl.handle.net/10986/15467
_version_ 1764426731339382784
spelling okr-10986-154672021-04-23T14:03:14Z Household Risk, Self-Insurance and Coping Strategies in Urban Argentina World Bank ANTHROPOMETRIC DATA CAPITAL FLOWS CHILD LABOR CIVIL SOCIETY COMMUNITY WORK COMPETITIVENESS CONCEPTUAL FRAMEWORK CONSUMPTION DATA CONSUMPTION LEVELS CONSUMPTION PATTERNS DATA SOURCES DEBT DEVALUATION DEVELOPING COUNTRIES ECONOMIC COOPERATION ECONOMIC MANAGEMENT ECONOMIC POLICIES ECONOMIC SHOCKS ECONOMIC SITUATION EMERGING MARKETS EXCHANGE RATE EXPENDITURES EXTERNAL DEBT EXTERNAL SHOCKS FINANCIAL MARKETS FISCAL DEFICITS FISCAL POLICIES FORMAL LABOR MARKET GDP GEOGRAPHICAL COVERAGE GINI COEFFICIENT GOVERNMENT INTERVENTION HEALTH STATUS HOUSEHOLD BEHAVIOR HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD LABOR HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INCOME GENERATION INCOME INEQUALITY INCOME SHOCK INDIVIDUAL LEVEL INFLATION INFORMAL ACTIVITIES INFORMAL NETWORKS INFORMAL SECTOR INFORMAL SECTOR EMPLOYMENT INSURANCE INSURANCE MARKETS JOB LOSS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKETS LONG TERM MACRO-ECONOMIC POLICIES MACROECONOMIC CRISIS MACROECONOMIC INSTABILITY MORTALITY NEGATIVE EXTERNALITIES NON- GOVERNMENTAL ORGANIZATIONS NON-GOVERNMENTAL ORGANIZATIONS NUTRITION POLICY FRAMEWORK POLITICAL ECONOMY POOL RESOURCES POOR HOUSEHOLDS POVERTY REDUCTION PRIVATE CONSUMPTION PRIVATE SECTOR PRIVATIZATION PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY INCREASES PROTECTION POLICIES PUBLIC ENTERPRISES PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SERVICES QUALITATIVE DATA QUANTITATIVE DATA REAL WAGES RETIREMENT RISK MANAGEMENT RURAL AREAS RURAL HOUSEHOLDS RURAL POPULATION SAFETY NETS SAMPLE SIZES SAVINGS SECTOR EMPLOYMENT SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL EXPENDITURES SOCIAL PROTECTION SOCIAL PROTECTION PROGRAMS TASK TEAM LEADER TRANSITION PROCESS UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES URBAN AREAS URBAN HOUSEHOLDS URBAN POOR URBAN POPULATION URBAN POVERTY WAGES WEALTH WELFARE EFFECTS SELF-INSURANCE LABOR MARKETS RISK MANAGEMENT ECONOMIC CRISIS INFORMAL SECTOR GENDER ISSUES GOVERNMENT ROLE HOUSEHOLD STRUCTURE URBAN POPULATION NONGOVERNMENTAL ORGANIZATIONS INVESTOR CONFIDENCE UNDEREMPLOYMENT UNEMPLOYMENT INSURANCE SEVERANCE PAY WOMEN'S ROLE IN HOUSEHOLD CAPITAL MARKETS ECONOMIC RISK MICROCREDITS SAVINGS GIRLS' EDUCATION WOMEN'S EMPLOYMENT SOCIAL PROTECTION SYSTEMS CHILDREN IN POVERTY HOUSEHOLD SURVEYS This study aims to analyze how economic shocks and macroeconomic volatility affect urban Argentine households, the mechanisms that households employ to survive economic crises, and how successful these tools are. Particular attention is given to the structure and wealth of the household and the gender roles of its members. The report identifies how to strengthen the risk management tools to better weather future crises. First, it identifies areas where the government can strengthen mechanisms used by households to insure against the risk of income loss due to a macroeconomic crisis or to cope with such loses when they do occur. Second, the report addresses the appropriate role of the government in providing assistance when risk management by the household is absent or is not adequate. Finally, recognizing that some household reactions to income loss have important long term unintended negative effects, the report recommends on how to discourage such costly behaviors. Among the findings of the study are: Households are not able to perfectly smooth consumption across periods of economic volatility; thus, some adjustment is needed even by the rich. No evidence exists that the macroeconomic policies of the 1990s are directly responsible for changes in manufacturing wages for skilled and unskilled workers. Many Argentines insure against the risk of negative income shocks by having mutiple jobs, and they turn to their families when needed. 2013-08-28T21:07:11Z 2013-08-28T21:07:11Z 2001-10-16 http://documents.worldbank.org/curated/en/2001/10/1643385/argentina-household-risk-self-insurance-coping-strategies-urban-argentina http://hdl.handle.net/10986/15467 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Latin America & Caribbean