The objectives of the study are three-fold: to investigate who are vulnerable to welfare loss from health shocks, what are the household responses to cope with the economic burden of health shocks and if policy responses like state health insurance schemes are effective in reducing the economic...

This paper explores the intergenerational effects of parental health shocks using longitudinal data from the Young Lives project conducted in Andhra Pradesh, India. It is found that health shocks to poorer parents reduce investments in children thereby reducing their future earnings, and...