Argentina: macroeconomic crisis and household vulnerability

Autores
Corbacho, Ana; García-Escribano, Mercedes; Inchauste, Gabriela
Año de publicación
2003
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in the public sector and government spending served to decrease vulnerability, and (3) understanding the mechanisms used by households to smooth the effects of the crisis. Households whose heads were male, less educated, and employed in the construction sector were more vulnerable to the crisis, experiencing larger-than-average declines in income and higher dispersion. Households whose heads were employed in the public sector were more protected from the crisis, although higher public spending did not serve to decrease their vulnerability. A significant source of vulnerability was linked to changes in employment status, and we studied the determinants of the probability of being unemployed and of becoming unemployed. Last, we found that households were unable to perfectly smooth income shocks. Given these results, there is room for broadening social safety nets, particularly in the form of public works programs.
Departamento de Economía
Materia
Ciencias Económicas
hogar
Argentina
ingreso
macroeconomic crisis
household welfare
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by/3.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/3721

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spelling Argentina: macroeconomic crisis and household vulnerabilityCorbacho, AnaGarcía-Escribano, MercedesInchauste, GabrielaCiencias EconómicashogarArgentinaingresomacroeconomic crisishousehold welfareUsing urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in the public sector and government spending served to decrease vulnerability, and (3) understanding the mechanisms used by households to smooth the effects of the crisis. Households whose heads were male, less educated, and employed in the construction sector were more vulnerable to the crisis, experiencing larger-than-average declines in income and higher dispersion. Households whose heads were employed in the public sector were more protected from the crisis, although higher public spending did not serve to decrease their vulnerability. A significant source of vulnerability was linked to changes in employment status, and we studied the determinants of the probability of being unemployed and of becoming unemployed. Last, we found that households were unable to perfectly smooth income shocks. Given these results, there is room for broadening social safety nets, particularly in the form of public works programs.Departamento de Economía2003-06info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/3721enginfo:eu-repo/semantics/altIdentifier/url/http://www.depeco.econo.unlp.edu.ar/reunion_desigualdad/trabajo4.pdfinfo:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/3.0/Creative Commons Attribution 3.0 Unported (CC BY 3.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-03T10:22:10Zoai:sedici.unlp.edu.ar:10915/3721Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-03 10:22:11.138SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv Argentina: macroeconomic crisis and household vulnerability
title Argentina: macroeconomic crisis and household vulnerability
spellingShingle Argentina: macroeconomic crisis and household vulnerability
Corbacho, Ana
Ciencias Económicas
hogar
Argentina
ingreso
macroeconomic crisis
household welfare
title_short Argentina: macroeconomic crisis and household vulnerability
title_full Argentina: macroeconomic crisis and household vulnerability
title_fullStr Argentina: macroeconomic crisis and household vulnerability
title_full_unstemmed Argentina: macroeconomic crisis and household vulnerability
title_sort Argentina: macroeconomic crisis and household vulnerability
dc.creator.none.fl_str_mv Corbacho, Ana
García-Escribano, Mercedes
Inchauste, Gabriela
author Corbacho, Ana
author_facet Corbacho, Ana
García-Escribano, Mercedes
Inchauste, Gabriela
author_role author
author2 García-Escribano, Mercedes
Inchauste, Gabriela
author2_role author
author
dc.subject.none.fl_str_mv Ciencias Económicas
hogar
Argentina
ingreso
macroeconomic crisis
household welfare
topic Ciencias Económicas
hogar
Argentina
ingreso
macroeconomic crisis
household welfare
dc.description.none.fl_txt_mv Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in the public sector and government spending served to decrease vulnerability, and (3) understanding the mechanisms used by households to smooth the effects of the crisis. Households whose heads were male, less educated, and employed in the construction sector were more vulnerable to the crisis, experiencing larger-than-average declines in income and higher dispersion. Households whose heads were employed in the public sector were more protected from the crisis, although higher public spending did not serve to decrease their vulnerability. A significant source of vulnerability was linked to changes in employment status, and we studied the determinants of the probability of being unemployed and of becoming unemployed. Last, we found that households were unable to perfectly smooth income shocks. Given these results, there is room for broadening social safety nets, particularly in the form of public works programs.
Departamento de Economía
description Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in the public sector and government spending served to decrease vulnerability, and (3) understanding the mechanisms used by households to smooth the effects of the crisis. Households whose heads were male, less educated, and employed in the construction sector were more vulnerable to the crisis, experiencing larger-than-average declines in income and higher dispersion. Households whose heads were employed in the public sector were more protected from the crisis, although higher public spending did not serve to decrease their vulnerability. A significant source of vulnerability was linked to changes in employment status, and we studied the determinants of the probability of being unemployed and of becoming unemployed. Last, we found that households were unable to perfectly smooth income shocks. Given these results, there is room for broadening social safety nets, particularly in the form of public works programs.
publishDate 2003
dc.date.none.fl_str_mv 2003-06
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dc.language.none.fl_str_mv eng
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dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/http://www.depeco.econo.unlp.edu.ar/reunion_desigualdad/trabajo4.pdf
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