Borrowing constraints and the returns to schooling:
duals. We apply this idea using least-squares, instrumental variables regression, and a structural economic model to measure the extent of borrowing constraints on schooling choices. Because returns to schooling and quantity of schooling are jointly determined, the structural approach allows us to e...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2000
|
| Series: | NBER working paper series
7761 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | duals. We apply this idea using least-squares, instrumental variables regression, and a structural economic model to measure the extent of borrowing constraints on schooling choices. Because returns to schooling and quantity of schooling are jointly determined, the structural approach allows us to explore the importance of credit market constraints on schooling choices once the influences of ability and relative wages are parceled out. This type of experiment cannot be done in standard models of schooling-attainment. None of these methods produces evidence of borrowing constraints |
| Physical Description: | 39, [14] S. graph. Darst. |
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| id | DE-604.BV035041488 |
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| index_date | 2024-07-02T21:53:14Z |
| indexdate | 2024-07-09T21:20:51Z |
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| physical | 39, [14] S. graph. Darst. |
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| spelling | Cameron, Stephen V. Verfasser (DE-588)135808243 aut Borrowing constraints and the returns to schooling Stephen Cameron ;, Christopher Taber Cambridge, Mass. National Bureau of Economic Research 2000 39, [14] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier NBER working paper series 7761 duals. We apply this idea using least-squares, instrumental variables regression, and a structural economic model to measure the extent of borrowing constraints on schooling choices. Because returns to schooling and quantity of schooling are jointly determined, the structural approach allows us to explore the importance of credit market constraints on schooling choices once the influences of ability and relative wages are parceled out. This type of experiment cannot be done in standard models of schooling-attainment. None of these methods produces evidence of borrowing constraints Ökonometrisches Modell College attendance Economic aspects United States Econometric models College students United States Social conditions Student loan funds United States Finance Econometric models USA Taber, Christopher 1966- Verfasser (DE-588)130594709 aut Erscheint auch als Online-Ausgabe NBER working paper series 7761 (DE-604)BV002801238 7761 http://papers.nber.org/papers/w7761.pdf kostenfrei Volltext |
| spellingShingle | Cameron, Stephen V. Taber, Christopher 1966- Borrowing constraints and the returns to schooling NBER working paper series Ökonometrisches Modell College attendance Economic aspects United States Econometric models College students United States Social conditions Student loan funds United States Finance Econometric models |
| title | Borrowing constraints and the returns to schooling |
| title_auth | Borrowing constraints and the returns to schooling |
| title_exact_search | Borrowing constraints and the returns to schooling |
| title_exact_search_txtP | Borrowing constraints and the returns to schooling |
| title_full | Borrowing constraints and the returns to schooling Stephen Cameron ;, Christopher Taber |
| title_fullStr | Borrowing constraints and the returns to schooling Stephen Cameron ;, Christopher Taber |
| title_full_unstemmed | Borrowing constraints and the returns to schooling Stephen Cameron ;, Christopher Taber |
| title_short | Borrowing constraints and the returns to schooling |
| title_sort | borrowing constraints and the returns to schooling |
| topic | Ökonometrisches Modell College attendance Economic aspects United States Econometric models College students United States Social conditions Student loan funds United States Finance Econometric models |
| topic_facet | Ökonometrisches Modell College attendance Economic aspects United States Econometric models College students United States Social conditions Student loan funds United States Finance Econometric models USA |
| url | http://papers.nber.org/papers/w7761.pdf |
| volume_link | (DE-604)BV002801238 |
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