URL details: afosterri.org/afoster/?page_id=69
URL title:
Start What You Finish! Ex Ante Risk and Schooling Investments in the Presence of Dynamic Complementarities - Andrew Foster
URL description:
We study the relationship between risk and schooling investment in a low income setting, with a particular focus on possible ex ante effects. We first present a model that shows that such effects can arise if the human capital production function exhibits dynamic complementarity and parental preferences for human capital are not too concave. We…Read More
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