G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19140
来源IDWorking Paper 19140
Drought of Opportunities: Contemporaneous and Long Term Impacts of Rainfall Shocks on Human Capital
Manisha Shah; Bryce Millett Steinberg
发表日期2013-06-20
出版年2013
语种英语
摘要Higher wages are generally thought to increase human capital production especially in the developing world. We show that human capital investment is procyclical in early life (in utero to age 3), but then becomes countercyclical. We argue this countercyclical effect is caused by families investing more time in schooling when outside options are worse. We show that children and mothers report a lower likelihood of work in drought years, and children are more likely to attend school. In addition, we find long term impacts of these shocks: adults who experienced more rainfall during school years have lower overall total years of schooling and lower wages. These results suggest that the opportunity cost of schooling, even for fairly young children, is an important factor in determining overall human capital investment.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w19140
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576814
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GB/T 7714
Manisha Shah,Bryce Millett Steinberg. Drought of Opportunities: Contemporaneous and Long Term Impacts of Rainfall Shocks on Human Capital. 2013.
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