Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
Families in developing countries face enormous financial risks from major illness both in terms of the cost of medical care and the loss in income associated with reduced labor supply and productivity. We test whether access to microfinancial savings and lending institutions helps Indonesian families smooth consumption after declines in adult health. In general, results support the importance of these institutions in helping families to self‐insure consumption against health shocks. Copyright © 2008 John Wiley & Sons, Ltd.