Argentina: Macroeconomic Crisis and Household Vulnerability
Using panel data from the Argentine Permanent Household Survey, this paper analyzes which households were more vulnerable to the Argentine macroeconomic crisis during 1999-2002. Results suggest that the impact of the crisis was not uniform across households, which differed in their ability to cope with shocks. In particular, households with more children, and whose head was male, less educated, and employed in the private sector were the most vulnerable, suffering larger than average declines in income. Shocks to labor income were significant, with both unemployment rates and unemployment spells increasing throughout the period, particularly during the peak of the crisis towards the end of 2001. Individuals with low levels of human capital (proxied by education and experience), males, and self-employed were more likely to lose their jobs. Public sector employees, in contrast, were more protected from the impact of the crisis on employment. Copyright � 2007 International Monetary Fund; Journal compilation � 2007 Blackwell Publishing Ltd.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 11 (2007)
Issue (Month): 1 (02)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=1363-6669|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jalan, Jyotsna & Ravallion, Martin, 1999. "Income gains to the poor from workfare - estimates for Argentina's TRABAJAR Program," Policy Research Working Paper Series 2149, The World Bank.
- World Bank, 2001. "Household Risk, Self-Insurance and Coping Strategies in Urban Argentina," World Bank Other Operational Studies 15467, The World Bank.
- Frankenberg, E. & Thomas, D. & Beegle, K., 1999.
"The Real Costs of Indonesia's Economic Crisis: Preliminary Findings from the Indonesia Family Life Surveys,"
99-04, RAND - Labor and Population Program.
- Elizabeth Frankenberg & Duncan Thomas & Kathleen Beegle, 1999. "The Real Costs of Indonesian Economic Crisis: Preliminary Findings from the Indonesia Family Life Surveys," Working Papers 99-04, RAND Corporation Publications Department.
- Oscar Altimir, 2001. "Long-term trends of poverty in Latin American countries," Estudios de Economia, University of Chile, Department of Economics, vol. 28(1 Year 20), pages 115-155, June.
- Nada Choueiri & Graciela Laura Kaminsky, 1999. "Has the Nature of Crises Changed? A L1812Quarter Century of Currency Crises in Argentina," IMF Working Papers 99/152, International Monetary Fund.
- Ana Corbacho & Gerd Schwartz, 2002. "Mexico; Experiences with Pro-Poor Expenditure Policies," IMF Working Papers 02/12, International Monetary Fund.
- Martin Ravallion, 1999.
"Is More Targeting Consistent with Less Spending?,"
International Tax and Public Finance,
Springer, vol. 6(3), pages 411-419, August.
- Ricardo J. Caballero, 2000.
"Structural Volatility in Argentina: A Policy Report,"
Research Department Publications
4213, Inter-American Development Bank, Research Department.
- Ricardo J. Caballero, 2000. "Structural Volatility in Argentina: A Policy Report," IDB Publications (Working Papers) 6470, Inter-American Development Bank.
- E. Jenkner & Arye L. Hillman, 2002. "User Payments for Basic Education in Low-Income Countries," IMF Working Papers 02/182, International Monetary Fund.
- Martin Uribe, 1996. "The Tequila effect: theory and evidence from Argentina," International Finance Discussion Papers 552, Board of Governors of the Federal Reserve System (U.S.).
- Stephanie Eble & Petya Koeva, 2002. "What Determines Individual Preferences over Reform? Microeconomic Evidence from Russia," IMF Staff Papers, Palgrave Macmillan, vol. 49(Special i), pages 87-110.
When requesting a correction, please mention this item's handle: RePEc:bla:rdevec:v:11:y:2007:i:1:p:92-106. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.