The role of monetary and non-monetary shocks in children’s schooling in the presence of credit market imperfection in Cameroon

IF 1.9 Q2 ECONOMICS INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS Pub Date : 2024-09-05 DOI:10.1108/ijse-01-2024-0028

Olivier Ewondo Mbebi, Fabrice Nzepang, Romeal Eboue, Carlos Rigobert Ewane Nkoumba

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Abstract

Purpose

This paper examines the determinants of children’s schooling under imperfect credit market conditions in Cameroon, with a particular focus on the role of monetary and non-monetary shocks.

Design/methodology/approach

The study uses microeconomic data from the fourth Cameroonian Household Survey (ECAM IV) conducted in 2014 by the National Institute of Statistics (INS) and an instrumental variable Probit model to demonstrate its point.

Findings

The results show that uncertainty about household income as measured by transitory income and declining household income decreases the probability of children attending school in Cameroon. The same is true for increasing household size. Nevertheless, access to the credit market is a factor in household resilience to shocks.

Originality/value

The purpose of this article is to contribute to the identification of the determinants of children’s schooling in Cameroon in a situation of credit market imperfection. The aim is to examine the influence of different household vulnerability factors and not only income shocks, which have long been considered the dominant factor.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-01-2024-0028

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喀麦隆信贷市场不完善情况下货币和非货币冲击对儿童就学的影响

目的本文研究喀麦隆不完善信贷市场条件下儿童入学的决定因素，尤其关注货币和非货币冲击的作用。研究结果结果表明，以过渡性收入和家庭收入下降衡量的家庭收入不确定性会降低喀麦隆儿童入学的概率。家庭规模扩大的情况也是如此。然而，进入信贷市场是家庭抵御冲击的一个因素。原创性/价值本文旨在帮助确定喀麦隆儿童在信贷市场不完善的情况下上学的决定因素。其目的是研究不同家庭脆弱性因素的影响，而不仅仅是长期以来被认为是主导因素的收入冲击。同行评议本文的同行评议历史见：https://publons.com/publon/10.1108/IJSE-01-2024-0028。

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来源期刊

INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS ECONOMICS-

CiteScore

3.20

自引率

5.30%

发文量

期刊介绍： The International Journal of Social Economics publishes original and peer-reviewed theoretical and empirical research in the field of social economics. Its focus is on the examination and analysis of the interaction between economic activity, individuals and communities. Social economics focuses on the relationship between social action and economies, and examines how social and ethical norms influence the behaviour of economic agents. It is inescapably normative and focuses on needs, rather than wants or preferences, and considers the wellbeing of individuals in communities: it accepts the possibility of a common good rather than conceiving of communities as merely aggregates of individual preferences and the problems of economics as coordinating those preferences. Therefore, contributions are invited which analyse and discuss well-being, welfare, the nature of the good society, governance and social policy, social and economic justice, social and individual economic motivation, and the associated normative and ethical implications of these as they express themselves in, for example, issues concerning the environment, labour and work, education, the role of families and women, inequality and poverty, health and human development.