EconPapers    
Economics at your fingertips  
 

Household Vulnerability and Child Labour: the Effect of Shocks, Credit Rationing and Insurance

Lorenzo Guarcello, Fabrizia Mealli () and Furio Camillo Rosati ()

UCW Working Paper from Understanding Children's Work (UCW Programme)

Abstract: Building upon the social-risk management approach, this paper examines dimensions of household behavior that are important for risk management and reduction of vulnerability, beyond issues of consumption. This paper attempts to assess to what extent risk and vulnerability factors are relevant for household decisions concerning children's school attendance and labor supply. Particular focus has been given to the evaluation of the effect of shocks, credit rationing and insurance on household decisions concerning children's activities. On the basis of a theoretical approach based on well known results relative to human capital investment decision and children's labor supply, the paper developed an estimation strategy that allows an assessment of the importance of a set of risk factors. Because of the potential endogeneity of the variable of interest, methodology based on propensity scores was applied. The analysis of the distribution of propensity scores for the "treated" and "not treated" population for the population of interest allow the conclusion that, given the maintained hypothesis of unconfoudness on observables, casual inference can be safely drawn from these estimates. Also computed is the ATE that confirms the main results obtained through the regression analysis: which indicates that credit rationing is extremely important in determining the household's decision to invest in the human capital of the children.

New Economics Papers: this item is included in nep-dev, nep-hea, nep-sea and nep-tra
Date: 2002-11
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (29) Track citations by RSS feed

Downloads: (external link)
http://www.ucw-project.org/Pages/bib_details.aspx?id=803 full text (application/pdf)

Related works:
Journal Article: Household vulnerability and child labor: the effect of shocks, credit rationing, and insurance (2010) Downloads
Working Paper: Household vulnerability and child labor: the effect of shocks, credit rationing and insurance (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ucw:worpap:3

Access Statistics for this paper

More papers in UCW Working Paper from Understanding Children's Work (UCW Programme)
Address: Via Panisperna 28, 00184 Rome, Italy
Contact information at EDIRC.
Series data maintained by Gabriella Breglia ().

 
Page updated 2014-11-01
Handle: RePEc:ucw:worpap:3