Household Responses to Adverse Income Shocks in Latin America

Household Responses to Adverse Income Shocks in Latin America

This 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.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Alejandro Gaviria
Format: Working Papers biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Poverty, WP-455,
Online Access:http://dx.doi.org/10.18235/0010796
https://publications.iadb.org/en/household-responses-adverse-income-shocks-latin-america
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spelling dig-bid-node-99362024-05-30T20:21:26ZHousehold Responses to Adverse Income Shocks in Latin America 2001-07-20T00:00:00+0000 http://dx.doi.org/10.18235/0010796 https://publications.iadb.org/en/household-responses-adverse-income-shocks-latin-america Inter-American Development Bank Poverty WP-455 This 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. Inter-American Development Bank Alejandro Gaviria Working Papers application/pdf IDB Publications The Caribbean Central America South America en
institution BID
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-bid
tag biblioteca
region America del Norte
libraryname Biblioteca Felipe Herrera del BID
language English
topic Poverty
WP-455
Poverty
WP-455
spellingShingle Poverty
WP-455
Poverty
WP-455
Inter-American Development Bank
Household Responses to Adverse Income Shocks in Latin America
description This 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.
author2 Alejandro Gaviria
author_facet Alejandro Gaviria
Inter-American Development Bank
format Working Papers
topic_facet Poverty
WP-455
author Inter-American Development Bank
author_sort Inter-American Development Bank
title Household Responses to Adverse Income Shocks in Latin America
title_short Household Responses to Adverse Income Shocks in Latin America
title_full Household Responses to Adverse Income Shocks in Latin America
title_fullStr Household Responses to Adverse Income Shocks in Latin America
title_full_unstemmed Household Responses to Adverse Income Shocks in Latin America
title_sort household responses to adverse income shocks in latin america
publisher Inter-American Development Bank
url http://dx.doi.org/10.18235/0010796
https://publications.iadb.org/en/household-responses-adverse-income-shocks-latin-america
work_keys_str_mv AT interamericandevelopmentbank householdresponsestoadverseincomeshocksinlatinamerica
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