Trentini, Claudia; Farré, Lídia - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2009
This paper investigates the implications of major ¯nancial markets crises for the human capital accumulation decisions of households. We use data for Argentinean households over the period 1995-2002 to examine households' response to negative idiosyncratic income shocks in di®erent...