Aggregate Economic Shocks, Child Schooling, and Child Health
Do aggregate income shocks, such as those caused by macroeconomic crises or droughts, reduce child human capital? The answer to this question has important implications for public policy. If shocks reduce investments in children, they may have a long-lasting impact on poverty and its intergeneration...
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okr-10986-44272021-04-23T14:02:17Z Aggregate Economic Shocks, Child Schooling, and Child Health Ferreira, Francisco H.G. Schady, Norbert aged breastfeeding child nutrition childbirth depression health care health outcomes health services hygiene intervention medicines mortality nutrition nutritional status pollution pregnant women public health smoking unemployment workers Do aggregate income shocks, such as those caused by macroeconomic crises or droughts, reduce child human capital? The answer to this question has important implications for public policy. If shocks reduce investments in children, they may have a long-lasting impact on poverty and its intergenerational transmission. The authors develop a simple framework to analyze the effects of aggregate economic shocks on child schooling and health. They show that the expected effects are theoretically ambiguous because of a tension between income and substitution effects. They then review the recent empirical literature on the subject. In richer countries, like the United States, child health and education outcomes are counter-cyclical: they improve during recessions. In poorer countries, mostly in Africa and low-income Asia, the outcomes are procyclical: infant mortality rises and school enrollment and nutrition fall during recessions. In the middle-income countries of Latin America, the picture is more nuanced: health outcomes are generally procyclical and education outcomes counter-cyclical. Each of these findings is consistent with the simple conceptual framework. The authors discuss possible implications for expenditure allocation. 2012-03-30T07:12:34Z 2012-03-30T07:12:34Z 2009-09-30 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/4427 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Publications & Research :: Journal Article Publications & Research |
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aged breastfeeding child nutrition childbirth depression health care health outcomes health services hygiene intervention medicines mortality nutrition nutritional status pollution pregnant women public health smoking unemployment workers |
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aged breastfeeding child nutrition childbirth depression health care health outcomes health services hygiene intervention medicines mortality nutrition nutritional status pollution pregnant women public health smoking unemployment workers Ferreira, Francisco H.G. Schady, Norbert Aggregate Economic Shocks, Child Schooling, and Child Health |
description |
Do aggregate income shocks, such as those caused by macroeconomic crises or droughts, reduce child human capital? The answer to this question has important implications for public policy. If shocks reduce investments in children, they may have a long-lasting impact on poverty and its intergenerational transmission. The authors develop a simple framework to analyze the effects of aggregate economic shocks on child schooling and health. They show that the expected effects are theoretically ambiguous because of a tension between income and substitution effects. They then review the recent empirical literature on the subject. In richer countries, like the United States, child health and education outcomes are counter-cyclical: they improve during recessions. In poorer countries, mostly in Africa and low-income Asia, the outcomes are procyclical: infant mortality rises and school enrollment and nutrition fall during recessions. In the middle-income countries of Latin America, the picture is more nuanced: health outcomes are generally procyclical and education outcomes counter-cyclical. Each of these findings is consistent with the simple conceptual framework. The authors discuss possible implications for expenditure allocation. |
format |
Journal Article |
author |
Ferreira, Francisco H.G. Schady, Norbert |
author_facet |
Ferreira, Francisco H.G. Schady, Norbert |
author_sort |
Ferreira, Francisco H.G. |
title |
Aggregate Economic Shocks, Child Schooling, and Child Health |
title_short |
Aggregate Economic Shocks, Child Schooling, and Child Health |
title_full |
Aggregate Economic Shocks, Child Schooling, and Child Health |
title_fullStr |
Aggregate Economic Shocks, Child Schooling, and Child Health |
title_full_unstemmed |
Aggregate Economic Shocks, Child Schooling, and Child Health |
title_sort |
aggregate economic shocks, child schooling, and child health |
publisher |
World Bank |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4427 |
_version_ |
1764391313279549440 |