The DOI matches its Crossref record.
Risk-Sharing between and within Families
Abstract
This paper uses the Panel Study of Income Dynamics to test whether risk-sharing is complete between or within American families. The tests accommodate wide variety in the configuration and availability of family data. The test results reject inter- as well as intra-family full risk-sharing even assuming that leisure is endogenous or that leisure and consumption are nonseparable. Copyright 1996 by The Econometric Society.
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Citations
Cited by
Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution
Jack, W., & Suri, T. (2014) · American Economic Review · doi:10.1257/aer.104.1.183 · Cited by 1,435
Insuring Consumption Against Illness
Gertler, P., & Gruber, J. (2002) · American Economic Review · doi:10.1257/000282802760015603 · Cited by 835
In Sickness and in Health: Risk Sharing within Households in Rural Ethiopia
Dercon, S., & Krishnan, P. (2000) · Journal of Political Economy · doi:10.1086/316098 · Cited by 693
Attanasio, O. P., & Pistaferri, L. (2016) · Journal of Economic Perspectives · doi:10.1257/jep.30.2.3 · Cited by 259
LaFave, D. (2017) · Ageing International · doi:10.1007/s12126-016-9268-0 · Cited by 35
Metadata
- Authors
- Hayashi, F., Altonji, J., & Kotlikoff, L.
- Venue
- Econometrica
- Publisher
- JSTOR
- Published
- 1996-03
- Volume
- 64
- Issue
- 2
- Pages
- 261
- ISSN
- 0012-9682 (ISSN-L)
- OpenAlex
- W1977083572
- Cited by
- 328
- References
- 0
- FWCI
- 60.63
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Risk-Sharing between and within Families. https://app.cochat.ai/papers/10.2307/2171783
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- Hayashi, F., Altonji, J., & Kotlikoff, L. (1996). Risk-Sharing between and within Families. Econometrica. https://doi.org/10.2307/2171783
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
