Demand Side Shocks and Human Capital: Asset Accumulation and Mother’s Health
| (1) Household Asset Index | (2) Mother’s Body Mass index | |
|---|---|---|
| Events 1988 | −0.225 (0.266) | −0.070 (0.202) |
| Events 1989 | −0.215 (0.211) | −0.049 (0.220) |
| Events 1990 | 0.070 (0.208) | 0.256 (0.217) |
| Events 1991 | −0.224 (0.239) | −0.489 (0.197)** |
| Events 1992 | 0.388 (0.267) | −0.236 (0.201) |
| Constant | −4.040 (0.373)*** | 21.342 (0.600)*** |
| Observations | 6,221 | 2,972 |
| R-squared | 0.42 | 0.10 |
* Significant at 10 percent;
↵** significant at 5 percent;
↵*** significant at 1 percent. Standard errors clustered at the district of birth level in parentheses. Source: DHS 1992. Point estimates are from OLS regressions in all cases. Regression in Column 1 is at the household level. Controls include age of the household head, dummies for the maximum educational level in the household, number of members of the household, and a dummy for urban areas. In Column 2, the unit of observation are mothers between 14 and 49 years old with children between zero and five years old. Controls include dummies for the educational level, age, an indicator for whether the mother is currently pregnant, number of household members, the asset index, and a dummy for urban areas.