.svg){kind=icon}
.svg){kind=icon}
%201.svg){kind=icon}
%201.svg){kind=icon}
.svg){kind=icon}
.svg)
.svg)
Alok Kumar
Dr. Alok Kumar Singh is Associate Professor of Economics at the University of Victoria (British Columbia). He received his PhD from Queen’s University. His areas of interest are macroeconomics and development economics. He has made major contributions on the issues related to inflation, entrepreneurship, productivity growth, and child labour and human capital in developing countries. He has published in leading journals such as International Economic Review and Review of Economic Dynamics.
.svg)
Income risks and schooling investment in rural Bihar
Income and earnings are highly volatile in developing countries as a majority of the population relies on agriculture or informal jobs for their livelihood. Based on a primary survey in rural Bihar, this article seeks to quantify income risks faced by households, their effect on schooling investment, and whether the effect is different for male and female children.
Risks and Investment in Education
This project analysed the effects of household income risk on schooling investment in rural India. The findings from this project suggest that income risk faced by poorer households is an important reason for the persistence of low educational achievement and outcomes in Bihar, particularly for female children. This project is one of the first to utilize subjective expectation data to analyse the effects of income risk on schooling in a developing country.