Original paper
Drought of Opportunities: Contemporaneous and Long-Term Impacts of Rainfall Shocks on Human Capital
Abstract
Higher wages are generally thought to increase human capital production, particularly in the developing world. We introduce a simple model of human capital production in which investments and time allocation differ by age. Using data on test scores and schooling from rural India, we show that higher wages increase human capital investment in early life (in utero to age 2) but decrease human capital from age 5 to 16. Children switch out of school...
Paper Details
Title
Drought of Opportunities: Contemporaneous and Long-Term Impacts of Rainfall Shocks on Human Capital
Published Date
Mar 3, 2017
Journal
Volume
125
Issue
2
Pages
527 - 561
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