Stay in school or start working? : the human capital investment decision under uncertainty and irreversibility
| Year of publication: |
2012
|
|---|---|
| Authors: | Bilkic, N. ; Gries, Thomas ; Pilichowski, M. |
| Published in: |
Labour economics : official journal of the European Association of Labour Economists. - Amsterdam [u.a.] : Elsevier, ISSN 0927-5371, ZDB-ID 1167233-X. - Vol. 19.2012, 5, p. 706-717
|
| Subject: | Human capital theory | Uncertainty | Sheepskin effect | Irreversibility | Large stochastic shocks | Theorie | Theory | Bildungsinvestition | Human capital investment | Entscheidung unter Unsicherheit | Decision under uncertainty | Humankapital | Human capital | Realoptionsansatz | Real options analysis | Risiko | Risk | Schock | Shock | Bildungsverhalten | Educational behaviour | Absolventen | Graduates | Bildungsertrag | Returns to education |
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