This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means...

Frontmatter -- Contents -- Acknowledgments -- Introduction / Barrett, Christopher B. / Carter, Michael R. / Chavas, Jean-Paul -- I. Nutrition, Health, and Human Capital Formation -- 1 Human Capital and Shocks. Evidence on Education, Health, and Nutrition / Frankenberg, Elizabeth / Thomas, Duncan...