Do returns to education matter to schooling participation?

Do returns to education matter to schooling participation?

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While it might be expected that demand for schooling will depend positively on the economic returns to education (ER) in the local labor market, in fact there is theoretical ambiguity about the sign of the schooling-ER relationship when households are liquidity-constrained. Whether the relationship...

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Библиографические подробности
Главные авторы:	Kingdon, G, Theopold, N
Формат:	Working paper
Язык:	English
Опубликовано:	GPRG 2006

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