Cover Image

The Nature of Credit Constraints and Human Capital

In contrast, the standard exogenous constraint model cannot simultaneously explain observations (i) and (ii) under standard assumptions about preferences; it is also silent on the rise in private lending. By incorporating both public and private lending, our framework offers new insights regarding the interaction of government and private student lending as well as the responsiveness of private student credit to economic and policy changes.
Year of publication:
2009
Authors: Lochner, Lance J.
Institutions: Society for Economic Dynamics - SED
freely available
Full text |
Check Google Scholar
In German libraries (KVK)
I need help
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 2009 SED Meeting Papers Number 745
Source:
Persistent link: https://www.econbiz.de/10011080422
Similar items by person