|RELATED TOPICS:||Poverty Reduction and Labor|
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There is common sense in the notions that healthier people are more productive and that wealthier people can obtain things that make them healthier. Investigating the strength of these associations, Wealth from Health asks whether investments in health also affect productivity and how public policy can influence this relationship. These questions are probed through a series of Latin American case studies, using household survey data on individuals to analyze the relationship between efforts to improve health on the one hand, and the potential impact of health status on individual hourly earnings on the other. By analyzing these relationships together-health determinants and the impact of health on earnings-it becomes possible to assess the effectiveness of particular strategies for improving health status and to see the critical importance of health as a component of "human capital."
Conditional cash transfer programs are based on a simple, yet powerful premise: creating adequate incentives today to stimulate the accumulation of human capital in poor families can provide future generations with the opportunity to generate their own higher incomes. Looking at the experience of Progresa-Oportunidades--the oldest such program whose results after 10 years provide valuable lessons- ... (View publication)
This paper studies the relationship between financial slack and employment formalization by exploiting heterogeneity in industry-level financial dependence in the spirit of Rajan and Zingales (1998). Heterogeneity along with time-series variation in aggregate credit are used to determine industry-level financial slack and measure its relationship to employment formality. Also presented are two bas ... (View publication)
This paper estimates the impact of a large temporary poverty relief program, Uruguay’s PANES—on birth outcomes. Using program administrative data and longitudinal vital statistics, a significant and precisely estimated reduction in the fraction of low-weight newborns (less than 2,500 g.) on the order of 10 to 20 percent was found to be a result of treatment. The cash (and in-kind) transfer compone ... (View publication)
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