Liquidity constraints, uncertain parental income and human capital accumulation

Francesco Devicienti () and Mariacristina Rossi

Applied Economics Letters, 2013, vol. 20, issue 9, 826-829

Abstract: This note analyses the effect of parental income variability on investments in education when capital markets are imperfect. Our empirical results show that educational choices might act as a buffer choice when the environment is uncertain.

Date: 2013
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DOI: 10.1080/13504851.2012.750417

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