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Author: Wallace, T. Dudley
Resulting in 1 citation.
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Wallace, T. Dudley Ihnen, Loren A. Palmer, Steven K. |
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An Empirical Investigation of the Determinants of the Expenditures and Time Spent on Formal Schooling: A Test of a Life Cycle Model of Human Capital Final Report, U.S. Department of Health, Education and Welfare, National Institute of Education, 1975 Cohort(s): Young Men Publisher: U.S. Department of Health, Education, and Welfare, => U.S. Health & Human Services Keyword(s): Educational Costs; Life Cycle Research; Schooling This project explores a life cycle model for implications about economic variables influencing choice of length of full-time schooling and applies the resulting model to the NLS data. A Ben Porath type model was solved for the reduced form relating length of full-time schooling to the exogenous variables (model parameters). In addition, directional effects of these variables on length of full-time schooling were derived. The results confirm the implication of the theoretical model that schooling choice is subject to economic explanation. |
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Bibliography Citation
Wallace, T. Dudley, Loren A. Ihnen and Steven K. Palmer. "An Empirical Investigation of the Determinants of the Expenditures and Time Spent on Formal Schooling: A Test of a Life Cycle Model of Human Capital." Final Report, U.S. Department of Health, Education and Welfare, National Institute of Education, 1975. |