The research aims at analyzing the impact of social protection on labor market indicators and economic growth. The focus lies on the interaction between selected instruments of social protection in lower-income countries and productivity of human capital.
As poor housholds face imperfect credit and insurance markets, human capital is often underinvested. If it is politically desirable to increase labor productivity to trigger growth, social transfers can be conditioned on investing in education and health. But being financed by taxes and credits, their effect on production has to be accounted for.
Supervisor: Prof. Dr. Katja Bender