Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71162 
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper No. 4168
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Economic theory predicts that adverse shocks during early childhood have detrimental short- and long-run consequences for children's development. We examine this hypothesis by analyzing the short-and long-run effects on children's health and education of a specific shock: housing damages caused by a super typhoon. Our results reveal negative effects on children's education - not, however, on health. The effects on children's education aggravate over time. Empirical evidence indicates that the main underlying channel is a shock on families' wealth.
Subjects: 
child development
natural disaster
wealth shock
JEL: 
I14
I24
Q54
Document Type: 
Working Paper
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