1999 · 14 citations · 0 references
Public AffairsEconomicsEducation PolicyEducation FinanceFinancial EconomicsHigher Education FinanceEducation ExpenditureEducation Finance ReformEducational EquityHigher Education FinancingInvestmentEducation Expenditure DecisionsEducation Financing PolicyEducational FinancingPublic Investment In EducationVolatility
The focus of this paper is the link between income volatility and the accumulation of human capital in the presence of credit constraints. Also, the effect of income inequality on the accumulation of human capital within the same framework is studied.