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Efectos de las restricciones de liquidez en la acumulación de capital humano: evidencia para Nicaragua

Author

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  • María Noelia Garbero

    (Universidad Nacional de La Plata, CEDLAS)

Abstract

The aim of this paper is to evaluate the effects of liquidity constraints on investment in human capital in a developing country. The methodology and the data used allow the identification of individuals and households restricted directly using alternative definitions of financial constraints. The data come from the Encuesta Nacional de Hogares y Medición de Nivel de Vida (ENMV) of Nicaragua for the years 1998 and 2005. The estimates support the hypothesis that restrictions on the access to loans reduce attendance at all educational levels.

Suggested Citation

  • María Noelia Garbero, 2012. "Efectos de las restricciones de liquidez en la acumulación de capital humano: evidencia para Nicaragua," Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0, pages 53-95, January-D.
    • Handle: RePEc:akh:journl:582
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    File URL: https://revistas.unlp.edu.ar/Economica/article/view/5360/4385
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    More about this item

    Keywords

    liquidity constraints; access to loans; discouraged borrowers; education;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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