The Effects of Risk on Education in Indonesia
AbstractWe study the effects of risk and uncertainty on education in Indonesia. Households that face more uncertainty and that have limited or no access to formal insurance will have a higher motive for self-insurance, and this may have adverse consequences for investment in child education. A key contribution of the article is to decompose risk into village- and household-level components and to estimate whether they have different effects on education. We find no evidence of household risk affecting child education; however, there is evidence that village risk adversely affects investment in education.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Economic Development and Cultural Change.
Volume (Year): 56 (2007)
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- Harounan Kazianga, 2009.
"Income Risk and Household Schoo ling Decisions in Burkina Faso,"
Economics Working Paper Series
0903, Oklahoma State University, Department of Economics and Legal Studies in Business.
- Kazianga, Harounan, 2012. "Income Risk and Household Schooling Decisions in Burkina Faso," World Development, Elsevier, vol. 40(8), pages 1647-1662.
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