00000caa a22000003i 4500 UP-1685594773862388426 Buklod 20210312101917.0 m | | ta 210604s2013 xx r |||| u|eng d 16551516 (iLib)UPBAG-00039458428 BAG rda eng ARTICLE-2627 Capuno, Joseph J. author. Shocks to Philippine households incidence, idiosyncrasy, and impact Joseph J. Capuno, Aleli D. Kraft, Stella A. Quimbo, and Carlos Antonio R. Tan, Jr. [Quezon City] School of Economics, University of the Philippines 2013. pages 1-27 23 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references (pages 26-27) Philippine households are perennially exposed to natural disasters and calamities, given the country's location in the Pacific Ring of Fire and in the monsoon belt. In addition, they face health, economic, and sociopolitical risks. Using a nationally representative sample of households, we assess the overall incidence of different shocks, the extent to which they simultaneously affect households in the same area, and their impact. A huge majority of households experience shocks, with the incidence of different shocks being roughly the same for poor and rich households. Natural and economic shocks appear to affect more households simultaneously in the same area than do sociopolitical shocks, health shocks, and deaths. Health shocks and deaths lead to greater short-term and long-term impacts in terms of lost assets, unplanned expenditures and non-monetary costs. Richer households are better able to recover than the poor. We draw some implications for the design and targeting of social health insurance, disaster management, and other social protection programs. Natural disasters Economic aspects Philippines. Natural disasters Prevention. Public welfare Philippines. Kraft, Aleli D. author. Quimbo, Stella A. author. Tan, Carlos Antonio R. Jr. author. The Philippine Review of Economics Vol. 50, no. 2 (December 2013), p. 1-27. Request full-text access via UPB University Library through https://forms.gle/KZjBv7aRtY6jiL5E9 FI UPBAG UPBAG-MAIN ARTICLE-2627 Analytics