What You Don’t Know CAN Hurt You— Or at Least Mislead You: Family Behaviors, Unobserved Heterogeneities, and the Determinants and Impacts of Human Resources over the Life Cycle
Jere Behrman
Economía Journal, 2009, vol. Volume 9 Number 2, issue Spring 2009, 1-43
Abstract:
What one does not know, in the form of unobserved heterogeneity, can mislead one in empirical estimates. A simple model of intrahousehold allocations illustrates the possible importance of unobserved factors such as abilities in determining human resources and their impacts. The author reviews over forty years of studies primarily from Latin America and the Caribbean, but also from elsewhere, to illustrate the substantial empirical importance of unobserved heterogeneity with regard to preferences and intrahousehold allocations, schooling returns, school quality, early life nutrition, and program evaluation.
Keywords: human capital; families; Latin America; Caribbean Area (search for similar items in EconPapers)
JEL-codes: D13 J24 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://economia.lacea.org/contents.htm
Related works:
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: https://EconPapers.repec.org/RePEc:col:000425:008590
Access Statistics for this article
More articles in Economía Journal from The Latin American and Caribbean Economic Association - LACEA Contact information at EDIRC.
Bibliographic data for series maintained by LACEA ().