Liquidity constraints, uncertain parental income and human capital accumulation
Decicienti, Francesco
Liquidity constraints, uncertain parental income and human capital accumulation created by Francesco Devicienti and Mariacristina Rossi - Applied economics letters Volume 20, number 9 .
This note analyses the effect of parental income variability on investments in education when capital markets are imperfect. Our empirical results show that educational choices might act as a buffer choice when the environment is uncertain.
13504851
Schooling decisions--Liquidity--Uncertainty
HB1.A666 APP
Liquidity constraints, uncertain parental income and human capital accumulation created by Francesco Devicienti and Mariacristina Rossi - Applied economics letters Volume 20, number 9 .
This note analyses the effect of parental income variability on investments in education when capital markets are imperfect. Our empirical results show that educational choices might act as a buffer choice when the environment is uncertain.
13504851
Schooling decisions--Liquidity--Uncertainty
HB1.A666 APP