Do returns to education matter to schooling participation?

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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Những tác giả chính: Kingdon, G, Theopold, N
Định dạng: Working paper
Ngôn ngữ:English
Được phát hành: GPRG 2006

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