Halla, Martin; Zweimüller, Martina - 2014 - February 27, 2014 (First version: January 29, 2014)
Little is known about the response behavior of parents whose children are exposed to an early-life shock. We interpret … capital shock and examine their parents' response behavior. To identify causal effects, we can rely on exogenous variation in … of the long-term effects of early-life shocks on children. These estimates should only be interpreted as reduced …