Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19140 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w19140 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576814 |
推荐引用方式 GB/T 7714 | Manisha Shah,Bryce Millett Steinberg. Drought of Opportunities: Contemporaneous and Long Term Impacts of Rainfall Shocks on Human Capital. 2013. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。