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Investment in Education: Do Economic Volatility and Credit Constraints Matter?

Karnit Flug, Antonio Spilimbergo and Erik Wachtenheim

No 1142, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: 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.

Keywords: WP-301 (search for similar items in EconPapers)
Date: 2010-12
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:1142

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