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Parental Job Loss, Secondary School Completion and Home Environment

Author

Listed:
  • Tamás Hajdu

    (Institute of Economics, Centre for Economic and Regional Studies of the Hungarian Academy of Sciences, Budapest)

  • Gábor Kertesi

    (Institute of Economics, Centre for Economic and Regional Studies of the Hungarian Academy of Sciences, Budapest)

  • Gábor Kézdi

    (Survey Research Center, University of Michigan, USA
    Institute of Economics, Centre for Economic and Regional Studies of the Hungarian Academy of Sciences, Budapest)

Abstract

This study examines the effect of parental job loss on adolescents’ school completion during the secondary school years and the moderating role of home environment in that effect. It uses rich survey data from Hungary on adolescents between 14 and 21 years of age, with detailed measures of parental employment and home environment. The study replicates the average negative effect found in the literature. No effect is found for families with a history of providing a cognitively stimulating home environment, but the negative effect is strong for other families. Home environment matters more than initial income in moderating the effect. The results highlight the protective nature of a cognitively stimulating home environment.

Suggested Citation

  • Tamás Hajdu & Gábor Kertesi & Gábor Kézdi, 2019. "Parental Job Loss, Secondary School Completion and Home Environment," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(3), pages 393-423, September.
  • Handle: RePEc:aka:aoecon:v:69:y:2019:i:3:p:393-423
    Note: We thank Dániel Horn and István György Tóth as well as participants of the annual conference of Magyar Közgazdaságtudományi Egyesület (Hungarian Society of Economics) for their thoughtful comments. Melinda Tir provided excellent research assistantship. This work was supported by the National Research, Development and Innovation Office of Hungary (Grant No. NKFI-116354) and the Horizon 2020 Twinning project EdEN (Grant No. 691676).
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    References listed on IDEAS

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    Cited by:

    1. Horn, Dániel & Lindner, Attila, 2022. "Kézdi Gábor (1971-2021) [Gábor Kézdi (1971-2021)]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1245-1254.

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    More about this item

    Keywords

    job loss; home environment; school completion;
    All these keywords.

    JEL classification:

    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • I20 - Health, Education, and Welfare - - Education - - - General

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