Download or read book The (positive) Effect of Macroeconomic Crises on the Schooling and Employment Decisions of Children in a Middle-income Country written by Norbert Rüdiger Schady and published by World Bank Publications. This book was released on 2002 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under some conditions macroeconomic crises can have a positive effect on the accumulation of human capital because they reduce the opportunity cost of schooling. This has profound implications for the design of appropriate social protection policies.