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Research ArticleArticles

The Human Capital Peace Dividend

View ORCID ProfileMounu Prem, View ORCID ProfileJuan F. Vargas and View ORCID ProfileOlga Namen
Journal of Human Resources, May 2023, 58 (3) 962-1002; DOI: https://doi.org/10.3368/jhr.59.1.0320-10805R2
Mounu Prem
Mounu Prem is at School of Economics, Universidad del Rosario, Bogotá ().
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Juan F. Vargas
Juan F. Vargas is at School of Economics, Universidad del Rosario (corresponding author: ).
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Olga Namen
Olga Namen is at Innovations for Poverty Action ().
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ABSTRACT

While the literature has documented negative effects of conflict on educational outcomes, there is little evidence on the effect of conflict termination. We show how the permanent ceasefire declared by FARC’s insurgency during peace negotiations with the Colombian government caused a differential improvement on several educational outcomes in the areas affected by FARC violence prior to the ceasefire. These effects are not explained by peace building and post-war recovery investments, and they are only partially driven by wartime child soldiering. Instead, we find support for other mechanisms, such as the post-ceasefire plummeting of victimization and new economic opportunities in treated areas.

JEL Classification:
  • D74
  • I21
  • J24
  • Received March 2020.
  • Accepted March 2021.
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Journal of Human Resources: 58 (3)
Journal of Human Resources
Vol. 58, Issue 3
1 May 2023
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The Human Capital Peace Dividend
Mounu Prem, Juan F. Vargas, Olga Namen
Journal of Human Resources May 2023, 58 (3) 962-1002; DOI: 10.3368/jhr.59.1.0320-10805R2

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The Human Capital Peace Dividend
Mounu Prem, Juan F. Vargas, Olga Namen
Journal of Human Resources May 2023, 58 (3) 962-1002; DOI: 10.3368/jhr.59.1.0320-10805R2
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Keywords

  • D74
  • I21
  • J24
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