Health Shocks and Households' Financial Well-being
The death of a family member is a devastating life event for any household. However, little is known about how a death in the family affects the finances of surviving family members, particularly in the U.S., where safety net programs are weaker than in other advanced economies. Economist Marion Aouad will examine the financial effects of death on surviving family members. She will analyze data from the California Consumer Credit Panel and the California Comprehensive Master Death file for her study.