$ B_{1}=I, B_{2}=0 $ F stat, Prob>F	92.32 0.00	26.47 0.00	21.11 0.00	14.98 0.00	26.82 0.00	5.68 0.00	30.21 0.00	3.55 0.03	177.70 0.00	72.48 0.00	39.65 0.00	14.88 0.00	40.02 0.00	20.46 0.00	57.81 0.00	21.23 0.00
Number of Obs.	38,110 0.02	45,905 0.01	12,380 0.02	15,795 0.01	13,100 0.01	15,920 0.01	12,630 0.02	14,190 0.01	30,656 0.03	34,133 0.02	10,093 0.03	11,830 0.02	10,519 0.03	11,930 0.02	10,044 0.03	10,373 0.02
$ R^{2} $ (adjusted)	1.3e+5	1.8e+5	1.3e+5	1.8e+5	1.5e+5	2.0e+5	1.4e+5	2.0e+5	0.63	0.68	0.70	0.77	0.73	0.78	0.70	0.77
Services (LC=0.5)	$ B_{1}(dC_{t}) $	0.558 (0.130)	1.099 (0.089)	0.495 (0.251)	1.092 (0.180)	1.024 (0.311)	1.011 (0.194)	0.147 (0.253)	1.207 (0.191)	0.259 (0.090)	0.430 (0.046)	0.124 (0.185)	0.486 (0.101)	0.461 (0.200)	0.394 (0.101)	0.067 (0.190)	0.346 (0.099)
$ B_{2}(dY_{t}) $	0.024 (0.003)	0.017 (0.002)	0.028 (0.005)	0.018 (0.003)	0.023 (0.006)	0.017 (0.003)	0.020 (0.005)	0.016 (0.003)	0.155 (0.014)	0.092 (0.008)	0.151 (0.027)	0.081 (0.015)	0.135 (0.028)	0.102 (0.015)	0.180 (0.028)	0.092 (0.015)
$ B_{1}=I, B_{2}=0 $ F stat, Prob>F	38.94 0.00	58.93 0.00	17.28 0.00	20.08 0.00	7.04 0.00	15.46 0.00	13.38 0.00	14.11 0.00	91.30 0.00	142.24 0.00	25.79 0.00	27.87 0.00	15.55 0.00	39.34 0.00	32.10 0.00	39.72 0.00
Number of Obs.	15,985 0.01	68,100 0.01	5,240 0.02	22,960 0.01	5,450 0.02	23,580 0.01	5,295 0.01	21,560 0.01	12,629 0.03	52,209 0.02	4,164 0.04	17,771 0.02	4,287 0.03	18,169 0.02	4,178 0.03	16,269 0.03
$ R^{2} $ (adjusted)	1.2e+5	1.7e+5	1.2e+5	1.7e+5	1.4e+5	1.9e+5	1.2e+5	1.8e+5	0.63	0.67	0.68	0.75	0.72	0.76	0.71	0.74

Note: The coefficients on the change in head of household income in specification (3). Standard errors are in parentheses.

Table 14: Sources of Insurance by Asset Levels PANEL A (Level)

PANEL B (Log)

Panel Period	All Low	All High	Aug.- Jan. Low	Aug.- Jan. High	Sep.- Feb. Low	Sep.- Feb. High	Oct.- Mar. Low	Oct.- Mar. High	All Low	All High	Aug.- Jan. Low	Aug.- Jan. High	Sep.- Feb. Low	Sep.- Feb. High	Oct.- Mar. Low	Oct.- Mar. High
Spouse's Income (LC=1.0)	0.041 (0.002)	0.039 (0.001)	0.041 (0.003)	0.044 (0.002)	0.040 (0.003)	0.035 (0.003)	0.043 (0.003)	0.037 (0.003)	0.208 (0.010)	0.199 (0.010)	0.223 (0.023)	0.250 (0.023)	0.274 (0.023)	0.199 (0.024)	0.129 (0.022)	0.132 (0.025)
Number of Obs.	38,110	45,905	12,380	15,795	13,100	15,920	12,630	14,190	9,168	8,675	3,068	3,175	3,113	2,958	2,987	2,542
R² (adjusted)	0.08	0.08	0.08	0.09	0.09	0.08	0.09	0.07	0.32	0.41	0.30	0.38	0.33	0.44	0.32	0.40
s.e.e.	1.1e+5	1.2e+5	1.2e+5	1.3e+5	1.2e+5	1.4e+5	1.2e+5	1.3e+5	0.35	0.32	0.48	0.47	0.46	0.44	0.46	0.46
Spouse's Income (LC=0.5)	0.051 (0.002)	0.038 (0.001)	0.050 (0.005)	0.042 (0.002)	0.045 (0.005)	0.035 (0.002)	0.057 (0.005)	0.036 (0.002)	0.224 (0.014)	0.197 (0.008)	0.299 (0.034)	0.222 (0.018)	0.249 (0.032)	0.238 (0.020)	0.133 (0.031)	0.128 (0.020)
Number of Obs.	15,985	68,100	5,240	22,960	5,450	23,580	5,295	21,560	3,646	14,196	1,251	4,992	1,188	4,875	1,207	4,329
R² (adjusted)	0.08	0.08	0.07	0.09	0.08	0.08	0.09	0.08	0.31	0.37	0.31	0.35	0.32	0.40	0.31	0.37
s.e.e.	99,812	1.2e+5	1.1e+5	1.3e+5	1.0e+5	1.3e+5	1.2e+5	1.3e+5	0.33	0.34	0.46	0.48	0.45	0.45	0.43	0.47
Soc. Sec. Transfer (LC=1.0)	-0.001 (0.001)	-0.002 (0.001)	0.001 (0.001)	-0.001 (0.001)	-0.000 (0.001)	-0.005 (0.001)	-0.003 (0.001)	0.001 (0.002)	0.132 (0.043)	0.314 (0.054)	-0.192 (0.241)	0.598 (0.319)	0.690 (0.498)	-0.430 (0.455)	0.432 (0.385)	0.372 (0.366)
Number of Obs.	38,110	45,905	12,380	15,795	13,100	15,920	12,630	14,190	438	712	165	248	155	243	118	221
R² (adjusted)	0.01	0.03	0.01	0.03	0.01	0.03	0.01	0.02	0.04	0.04	0.06	0.05	-0.03	-0.01	0.07	0.00
s.e.e.	41,549	65,974	51,844	74,094	40,297	69,072	43,855	73,444	0.36	0.48	1.51	1.75	1.71	1.88	1.43	1.78
Soc. Sec. Transfer (LC=0.5)	-0.002 (0.001)	-0.001 (0.001)	0.004 (0.002)	-0.001 (0.001)	-0.004 (0.002)	-0.003 (0.001)	-0.004 (0.002)	0.000 (0.001)	-	0.285 (0.042)	-	0.283 (0.243)	-	0.081 (0.359)	-	0.370 (0.289)
Number of Obs.	15,985	68,100	5,240	22,960	5,450	23,580	5,295	21,560	-	965	-	341	-	337	-	287
R² (adjusted)	0.01	0.02	0.02	0.02	0.01	0.02	0.02	0.02	-	0.04	-	0.05	-	0.00	-	20.02
s.e.e.	41,769	59,079	55,859	67,275	36,854	61,837	42,639	64,832	-	0.44	-	1.72	-	1.82	-	1.65
Official Transfer (LC=1.0)	-0.000 (0.001)	-0.001 (0.001)	0.001 (0.002)	0.001 (0.002)	-0.001 (0.001)	-0.005 (0.002)	-0.001 (0.002)	-0.000 (0.002)	-	-	-	-	-	-	-	-
Number of Obs.	17,795	22,140	5,775	7,400	6,110	7,685	5,910	7,055	-	-	-	-	-	-	-	-
R² (adjusted)	0.01	0.02	0.02	0.03	0.01	0.03	0.01	0.02	-	-	-	-	-	-	-	-
s.e.e.	35,246	55,923	5,174	72,211	32,138	52,956	40,547	72,942	-	-	-	-	-	-	-	-
Official Transfer (LC=0.5)	0.000 (0.001)	-0.001 (0.001)	0.006 (0.003)	0.001 (0.002)	-0.005 (0.002)	-0.003 (0.001)	-0.001 (0.002)	-0.000 (0.002)	-	-	-	-	-	-	-	-
Number of Obs.	9,048	38,288	2,510	10,685	2,610	11,190	2,540	10,450	-	-	-	-	-	-	-	-
R² (adjusted)	0.01	0.02	0.02	0.02	0.01	0.02	0.01	0.02	-	-	-	-	-	-	-	-
s.e.e.	33,235	50,615	50,972	66,712	30,796	47,681	34,078	65,187	-	-	-	-	-	-	-	-
Tax Payments (LC=1.0)	0.116 (0.001)	0.131 (0.001)	0.120 (0.001)	0.134 (0.001)	0.112 (0.001)	0.127 (0.001)	0.116 (0.001)	0.130 (0.001)	0.904 (0.011)	0.898 (0.010)	0.896 (0.022)	0.880 (0.018)	0.872 (0.022)	0.901 (0.019)	0.942 (0.022)	0.915 (0.021)
Number of Obs.	38,110	45,905	12,380	15,795	13,100	15,920	12,630	14,190	24,351	29,554	8,006	10,378	8,600	10,350	7,925	8,826
R² (adjusted)	0.55	0.55	0.56	0.60	0.55	0.55	0.54	0.49	0.39	0.45	0.38	0.45	0.40	0.45	0.40	0.45
s.e.e.	40,666	52,832	44,890	53,813	43,106	55,810	45,631	64,134	0.61	0.57	0.71	0.65	0.69	0.63	0.70	0.67
Tax Payments (LC=0.5)	0.103 (0.001)	0.128 (0.0004)	0.112 (0.002)	0.131 (0.001)	0.096 (0.002)	0.125 (0.001)	0.103 (0.002)	0.128 (0.001)	0.861 (0.019)	0.911 (0.008)	0.885 (0.040)	0.889 (0.015)	0.775 (0.035)	0.916 (0.015)	0.937 (0.038)	0.930 (0.017)
Number of Obs.	15,985	68,100	5,240	22,960	5,450	23,580	5,295	21,560	9,314	44,839	3,044	15,349	3,245	15,716	3,025	13,744
R² (adjusted)	0.46	0.56	0.50	0.60	0.47	0.56	0.43	0.52	0.34	0.44	0.33	0.43	0.33	0.45	0.36	0.44
s.e.e.	36,937	49,836	39,614	52,129	36,514	53,094	44,810	58,596	0.64	0.58	0.75	0.66	0.73	0.64	0.73	0.68
Consumption (LC=1.0)	0.063 (0.003)	0.044 (0.003)	0.072 (0.006)	0.048 (0.006)	0.066 (0.006)	0.039 (0.006)	0.050 (0.006)	0.043 (0.006)	0.126 (0.006)	0.075 (0.006)	0.131 (0.011)	0.078 (0.012)	0.129 (0.012)	0.066 (0.012)	0.116 (0.011)	0.079 (0.013)
Consumption (LC=0.5)	0.073 (0.005)	0.047 (0

Note: The coefficients on the change in head of household income in specification (3). Standard errors are in parentheses. The change is defined as change in levels of head's income. * refers to the case where social security is also subtracted.