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dc.titleHousehold Responses to Adverse Income Shocks in Latin America
dc.contributor.authorGaviria, Alejandro
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageThe Caribbean
dc.coverageCentral America
dc.coverageSouth America
dc.date.available2011-02-04T00:00:00
dc.date.issue2001-07-20T00:00:00
dc.description.abstractThis paper uses a new data set to study household responses to adverse income shocks in seven Latin American countries. The results show (i) that households respond to income shocks mainly by increasing their labor force participation, selling assets, and cutting back on human capital investments, (ii) that poor households are the most likely to be affected by adverse income shocks, and (iii) that lower-middle-class households are more likely to cut back on human capital investments and move abroad when faced with an adverse income shock. Taken together, these results offer ample justification for publicly funded safety nets that target the poor.
dc.identifier.doihttp://dx.doi.org/10.18235/0010796
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Household-Responses-to-Adverse-Income-Shocks-in-Latin-America.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPoverty
dc.subject.keywordsWP-455
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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