The Role of Savings and Credit in Coping with Idiosyncratic Household Shocks
研究了正规银行服务（储蓄和信贷）如何帮助印尼家庭应对成年工人生病带来的消费冲击，发现不同服务类型导致不同的应对方式。
This study examines the effect of access to formal banking services on households’ ability to smooth consumption in response to illness of adult workers. The institutional peculiarities of Indonesia’s largest commercial bank are exploited to separately estimate the effects of access to formal credit from savings. The means by which households smooth consumption differs depending on their access to formal services. Those with access to formal credit increase borrowing from banks, while those with access only to formal savings, but not credit, draw down on savings. Households without access to formal banking services end up liquidating productive assets.