The present paper focuses on providing a model of applying the opportunitycost concept on investments in human educational capital. In the first part we haveshown that the real costs of educational capital investment does not involve direct andindirect educational costs only but also the...

This paper resolves the impacts of the deregulation of the household registration on the economic condition and the educational investment decision of the family into two parts: one part improves family members to adjust the allocation of time, thus increasing the family income; and the other...