Do Macroeconomic Crises Always Slow Human Capital Accumulation?
The impact of macroeconomic crises on the investments made by parents in the human capital of their children is a question of considerable policy importance. Analysis of the effects of the profound 1988-92 macroeconomic crisis in Peru on the school...
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| Format: | Journal Article |
| Language: | English en_US |
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Washington, DC: World Bank
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2004/05/17742225/macroeconomic-crises-always-slow-human-capital-accumulation http://hdl.handle.net/10986/17160 |
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okr-10986-171602021-04-23T14:03:29Z Do Macroeconomic Crises Always Slow Human Capital Accumulation? Schady, Norbert R. ADULT EDUCATION ADULTS ATTENDANCE RATES BORROWING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CHILD LABOR CRISES DEVELOPMENT ECONOMICS ECONOMIC VOLATILITY ECONOMICS EDUCATED WORKERS EDUCATION OF PARENTS EDUCATION OUTCOMES EDUCATIONAL ATTAINMENT EDUCATIONAL INSTITUTION EMPLOYMENT PATTERNS ENROLLMENT LEVELS ENROLLMENT RATES EXPENDITURES FAMILY LIFE FINANCIAL MARKETS FIRST GRADE GIRLS HIGH SCHOOL HUMAN CAPITAL HUMAN CAPITAL EARNINGS HUMAN CAPITAL INVESTMENT INCOME INFANT MORTALITY INTEREST RATES INVESTMENTS IN EDUCATION JOB CREATION JOB CREATION PROGRAMS LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LITERATURE LIVING STANDARDS MARGINAL COST OF EDUCATION MARGINAL COSTS NUTRITION NUTRITIONAL STATUS NUTRITIONAL STATUS OF CHILDREN OLDER CHILDREN OLDER WORKERS PAPERS PARENTAL EDUCATION POLITICAL ECONOMY PRIMARY EDUCATION PRIMARY SCHOOL PRIMARY SCHOOL AGE PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC EXPENDITURES ON EDUCATION QUALITY OF EDUCATION REAL WAGES RETURN TO EDUCATION RETURNS TO EDUCATION RURAL AREAS SAFETY SCHOLARSHIPS SCHOOL AGE SCHOOL ATTENDANCE SCHOOL DROPOUTS SCHOOL ENROLLMENT SCHOOL ENTRY SCHOOL INFRASTRUCTURE SCHOOL YEARS SCHOOL-AGE SCHOOL-AGE CHILDREN SCHOOLING SECONDARY EDUCATION SECONDARY SCHOOL SKILLED WORKERS SOCIAL COSTS TEACHER TEACHER ABSENTEEISM TERTIARY EDUCATION TERTIARY LEVEL TUITION UNEMPLOYMENT WAGE INCREASES WAGES The impact of macroeconomic crises on the investments made by parents in the human capital of their children is a question of considerable policy importance. Analysis of the effects of the profound 1988-92 macroeconomic crisis in Peru on the schooling and employment decisions of school-age children in urban areas finds no effect on attendance rates but a significant decline in the fraction of children who are both employed and attend school. It also finds significantly higher mean educational attainment for children exposed to the crisis than for those who were not. These findings may be related: children who are not employed have more time available and may therefore put more effort into school. 2014-02-25T23:15:00Z 2014-02-25T23:15:00Z 2004-05 Journal Article http://documents.worldbank.org/curated/en/2004/05/17742225/macroeconomic-crises-always-slow-human-capital-accumulation World Bank Economic Review http://hdl.handle.net/10986/17160 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Journal Article Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ADULT EDUCATION ADULTS ATTENDANCE RATES BORROWING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CHILD LABOR CRISES DEVELOPMENT ECONOMICS ECONOMIC VOLATILITY ECONOMICS EDUCATED WORKERS EDUCATION OF PARENTS EDUCATION OUTCOMES EDUCATIONAL ATTAINMENT EDUCATIONAL INSTITUTION EMPLOYMENT PATTERNS ENROLLMENT LEVELS ENROLLMENT RATES EXPENDITURES FAMILY LIFE FINANCIAL MARKETS FIRST GRADE GIRLS HIGH SCHOOL HUMAN CAPITAL HUMAN CAPITAL EARNINGS HUMAN CAPITAL INVESTMENT INCOME INFANT MORTALITY INTEREST RATES INVESTMENTS IN EDUCATION JOB CREATION JOB CREATION PROGRAMS LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LITERATURE LIVING STANDARDS MARGINAL COST OF EDUCATION MARGINAL COSTS NUTRITION NUTRITIONAL STATUS NUTRITIONAL STATUS OF CHILDREN OLDER CHILDREN OLDER WORKERS PAPERS PARENTAL EDUCATION POLITICAL ECONOMY PRIMARY EDUCATION PRIMARY SCHOOL PRIMARY SCHOOL AGE PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC EXPENDITURES ON EDUCATION QUALITY OF EDUCATION REAL WAGES RETURN TO EDUCATION RETURNS TO EDUCATION RURAL AREAS SAFETY SCHOLARSHIPS SCHOOL AGE SCHOOL ATTENDANCE SCHOOL DROPOUTS SCHOOL ENROLLMENT SCHOOL ENTRY SCHOOL INFRASTRUCTURE SCHOOL YEARS SCHOOL-AGE SCHOOL-AGE CHILDREN SCHOOLING SECONDARY EDUCATION SECONDARY SCHOOL SKILLED WORKERS SOCIAL COSTS TEACHER TEACHER ABSENTEEISM TERTIARY EDUCATION TERTIARY LEVEL TUITION UNEMPLOYMENT WAGE INCREASES WAGES |
| spellingShingle |
ADULT EDUCATION ADULTS ATTENDANCE RATES BORROWING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CHILD LABOR CRISES DEVELOPMENT ECONOMICS ECONOMIC VOLATILITY ECONOMICS EDUCATED WORKERS EDUCATION OF PARENTS EDUCATION OUTCOMES EDUCATIONAL ATTAINMENT EDUCATIONAL INSTITUTION EMPLOYMENT PATTERNS ENROLLMENT LEVELS ENROLLMENT RATES EXPENDITURES FAMILY LIFE FINANCIAL MARKETS FIRST GRADE GIRLS HIGH SCHOOL HUMAN CAPITAL HUMAN CAPITAL EARNINGS HUMAN CAPITAL INVESTMENT INCOME INFANT MORTALITY INTEREST RATES INVESTMENTS IN EDUCATION JOB CREATION JOB CREATION PROGRAMS LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LITERATURE LIVING STANDARDS MARGINAL COST OF EDUCATION MARGINAL COSTS NUTRITION NUTRITIONAL STATUS NUTRITIONAL STATUS OF CHILDREN OLDER CHILDREN OLDER WORKERS PAPERS PARENTAL EDUCATION POLITICAL ECONOMY PRIMARY EDUCATION PRIMARY SCHOOL PRIMARY SCHOOL AGE PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC EXPENDITURES ON EDUCATION QUALITY OF EDUCATION REAL WAGES RETURN TO EDUCATION RETURNS TO EDUCATION RURAL AREAS SAFETY SCHOLARSHIPS SCHOOL AGE SCHOOL ATTENDANCE SCHOOL DROPOUTS SCHOOL ENROLLMENT SCHOOL ENTRY SCHOOL INFRASTRUCTURE SCHOOL YEARS SCHOOL-AGE SCHOOL-AGE CHILDREN SCHOOLING SECONDARY EDUCATION SECONDARY SCHOOL SKILLED WORKERS SOCIAL COSTS TEACHER TEACHER ABSENTEEISM TERTIARY EDUCATION TERTIARY LEVEL TUITION UNEMPLOYMENT WAGE INCREASES WAGES Schady, Norbert R. Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| description |
The impact of macroeconomic crises on
the investments made by parents in the human capital of
their children is a question of considerable policy
importance. Analysis of the effects of the profound 1988-92
macroeconomic crisis in Peru on the schooling and employment
decisions of school-age children in urban areas finds no
effect on attendance rates but a significant decline in the
fraction of children who are both employed and attend
school. It also finds significantly higher mean educational
attainment for children exposed to the crisis than for those
who were not. These findings may be related: children who
are not employed have more time available and may therefore
put more effort into school. |
| format |
Journal Article |
| author |
Schady, Norbert R. |
| author_facet |
Schady, Norbert R. |
| author_sort |
Schady, Norbert R. |
| title |
Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| title_short |
Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| title_full |
Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| title_fullStr |
Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| title_full_unstemmed |
Do Macroeconomic Crises Always Slow Human Capital Accumulation? |
| title_sort |
do macroeconomic crises always slow human capital accumulation? |
| publisher |
Washington, DC: World Bank |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2004/05/17742225/macroeconomic-crises-always-slow-human-capital-accumulation http://hdl.handle.net/10986/17160 |
| _version_ |
1764433382882672640 |