This study examines the effect of parental job loss on adolescents’ school completion during the secondary school years and the moderating role of home environment in that effect. It uses rich survey data from Hungary on adolescents between 14 and 21 years of age, with detailed measures of parental employment and home environment. The study replicates the average negative effect found in the literature. No effect is found for families with a history of providing a cognitively stimulating home environment, but the negative effect is strong for other families. Home environment matters more than initial income in moderating the effect. The results highlight the protective nature of a cognitively stimulating home environment.

中文翻译：

---

父母失业，中学毕业和家庭环境

这项研究考察了父母失业对中学时期青少年完成学业的影响，以及家庭环境对这种影响的调节作用。它使用匈牙利丰富的14至21岁青少年调查数据，并详细衡量了父母的工作和家庭环境。该研究复制了文献中发现的平均负面影响。对于具有提供认知刺激性家庭环境的历史的家庭，未发现任何影响，但对其他家庭的负面影响则很明显。家庭环境在减轻影响方面比起初收入更重要。结果突出了认知刺激的家庭环境的保护性。