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Autor/in | Bell, Edward B. |
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Titel | Imperfect capital markets and investment in education. Gefälligkeitsübersetzung: Unvollkommene Kapitalmaerkte und Bildungsinvestition. |
Quelle | In: Economics of education review, 3 (1984) 2, S. 105-110Infoseite zur Zeitschrift
PDF als Volltext |
Sprache | deutsch |
Dokumenttyp | online; gedruckt; Zeitschriftenaufsatz |
ISSN | 0272-7757 |
DOI | 10.1016/0272-7757(84)90016-5 |
Schlagwörter | Bildung; Bildungsertrag; Investition; Kosten-Nutzen-Analyse; Markttheorie; Nachfrage; Studienwahl; Studienplatz; Studienfach |
Abstract | Forschungsmethode: empirisch; Kosten-Nutzen-Analyse; theoretisch. "This paper examines a theoretical issue concerning the relationship between private pecuniary returns to a college education and the fraction of high- school graduates who choose to enroll in college. If capital are imperfect in the sense that rate of interest at which individuals can borrow exeeds the rate at which they can lend, then we cannot rule out the possibility of a paradox; namely, enrollment rates may not always be directly related to the net present value of an education. The result is developed from a two-period utility-maximizing model of an individual's investment decision." (author's abstract) ((en)) |
Erfasst von | Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg |
Update | 1995_(CD) |