Income Shocks Reduce Human Capital Investments : Evidence from Five East European Countries

Income Shocks Reduce Human Capital Investments : Evidence from Five East European Countries

This paper empirically investigates whether households affected by income shocks cope by reducing human capital investments. The analysis uses Crisis Response Surveys conducted in Armenia, Bulgaria, Montenegro, Romania, and Turkey during 2009 and 2...

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Bibliographic Details
Main Authors: Dasgupta, Basab, Ajwad, Mohamed Ihsan
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ABILITY TO PAY
ADVERSE EFFECTS
AGGREGATE INCOME
BANK POLICY
BORROWING
BUDGET CONSTRAINTS
CAPITAL ACCUMULATION
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
CHILD HEALTH
CREDIT MARKETS
CRISES
DENTAL CARE
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT OUTCOMES
DISASTERS
DOCTORS
DUMMY VARIABLE
DURABLE
DURABLE GOODS
ECONOMIC CRISES
ECONOMIC REVIEW
ECONOMIC STUDIES
ELDERLY PEOPLE
EMPIRICAL ANALYSIS
EMPIRICAL FINDINGS
EXPENDITURE
EXPENDITURES
FAMILIES
FAMILY LABOR
FINANCIAL CRISIS
FINANCIAL MARKETS
FINANCIAL SHOCK
GOVERNMENT BUDGET
HEALTH CARE
HEALTH CARE CENTERS
HEALTH CARE FACILITIES
HEALTH CARE UTILIZATION
HEALTH ECONOMICS
HEALTH EFFECTS
HEALTH EXPENDITURES
HEALTH INSURANCE
HEALTH INVESTMENTS
HEALTH OUTCOMES
HEALTH SERVICES
HOSPITALIZATION
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD SIZE
HOUSEHOLD SURVEYS
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME COMPONENTS
INCOME EFFECT
INCOME SHOCK
INCOME SHOCKS
INFANT MORTALITY
INFORMATION TECHNOLOGY
INFRASTRUCTURE DEVELOPMENT
INNOVATIONS
INSURANCE
INTERNATIONAL BANK
INVESTMENT DECISIONS
LABOR ECONOMICS
LABOR MARKET
LABOR SUPPLY
LIFE INSURANCE
LIVING STANDARDS
LOCAL GOVERNMENT
MARKET CONDITIONS
MEAN VALUE
MEDICAL CARE
MEDICINES
MORTALITY
MORTALITY RATES
NATURAL DISASTERS
NORMAL DISTRIBUTION
0 HYPOTHESIS
NUTRITION
OPPORTUNITY COST
PENSION
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY RESEARCH
POOR HOUSEHOLDS
POST-CRISIS PERIOD
PRIMARY EDUCATION
PRIMARY HEALTH CARE
PROBABILITY
PUBLIC ECONOMICS
REMITTANCES
SAFETY
SAFETY NET
SAFETY NETS
SENSITIVITY ANALYSIS
SETTLEMENT
SIGNIFICANT DIFFERENCES
SOCIAL EXCLUSION
UNEMPLOYMENT
USE OF HEALTH SERVICES
WAGES
WITHDRAWAL
WORKING HOURS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111229165530
http://hdl.handle.net/10986/3695

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111229165530
http://hdl.handle.net/10986/3695

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