The impact of macroeconomic crises on parents'investments in the human capital of their children is a widely contested issue. The author analyzes the effects of the profound macroeconomic crisis in Peru in 1988-92 on the schooling and employment decisions made by urban school-age children. He...

The impact of macroeconomic crises on the investments made by parents in the human capital of their children is a question of considerable policy importance. Analysis of the effects of the profound 1988--92 macroeconomic crisis in Peru on the schooling and employment decisions of school-age...

Between 1992 and 1998 the Peruvian Social Fund (foncodes) spent about US$570 million funding microprojects throughout the country. Many of these projects involved constructing and renovating school facilities. This article uses data from foncodes, the 1993 population census in Peru, and a 1996...

President Alberto Fujimori created the Peruvian social Fund (FONCODES) in 1991 with the stated objectives of generating employment, helping to alleviate poverty, and improving access to social services. The author uses province-level data on monthly expenditures, socio-economic indicators, and...

Geographic targeting is perhaps the most popular mechanism used to direct social programs to the poor in Latin America. The author empirically compares geographic targeting indicators available in Peru. He combines household-level information from the 1994 and 1997 Peru Living Standards...

Numerous analysts have linked volunteering and participation to positive economic and political outcomes. The author uses the 1994 Peru Living Standards Measurement Survey to analyze volunteering patterns in rural Peru. He finds that volunteers in rural Peru have a high opportunity cost of time....

The issue of possible non-linearities in the relationship between log wages and schooling has received a good deal of attention in the literature. This paper uses data from a recent, high quality household survey for the Philippines, the 1998 Annual Poverty Indicator Survey (APIS), to test the...

Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. The author uses data from a recent household survey for the Philippines, the 1998 Annual Poverty...

The human consequences of the current global financial crisis for the developing world are presumed to be severe yet few studies have quantified such impact. The authors estimate the additional number of infant deaths in sub-Saharan Africa likely due to the crisis and discuss possible mitigation...