A Model of Educational Investment Decisions
Bibliographic Data
| ID | 19315765 |
|---|---|
| Authors | George Catsiapis (corresponding author) |
| Year | 1987 |
| Volume | 69 |
| Issue | 1 |
| Pages | 33 |
| Publication date | 1987-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/1937898 |
| OpenAlex | W2080779561 |
| Language | EN |
| Citations received | 12 |
| References cited | 2 |
From a probit model of enrollments, estimates of the expected net present value of post secondary education are developed for a sample of high school graduates, based e xclusively on individual expectations of the relevant costs and benefits at the time of the enrollment decision. The results are very plausible and consistent w ith rate-of-return estimates from studies which rely on ex post income data. Thi s suggests that students have rational expectationsand relatively good informat ion about future employment opportunities and other factors which determine the returns to educational investment. Copyright 1987 by MIT Press
Business · Economics · Investment (military) · Political science · Economic Policies and Impacts · Fiscal Policy and Economic Growth · Labor market dynamics and wage inequality
Social violence and the impacts on education in migrant households
The Social Demand for Education in Peru
Correlates of Personal Expenditures for Postsecondary Education
Examining the Effects of High School Contexts on Postsecondary Enrollment
Studying College Access and Choice
How Does Undergraduate Debt Affect Graduate School Application and Enrollment
Failing to Finish
Equal Opportunities
International Remittances and Human Capital Formation
The age old question, which comes first? A simultaneous test of children's savings and children's college-bound identity
Understanding the Decision to Enroll in Graduate School
Differences in the Decision to Attend College among African Americans, Hispanics, and Whites
| Unique citing works | 12 |
|---|---|
| Citations per year | 0.33 |
| Citation span | 1990 - 2025 (36) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 10 |