We analyze the optimal life-cycle education decision of a single atomistic individual and show that the standard result of part-time education and part-time work throughout the life-cycle holds only under very special and unrealistic assumptions. Once these assumptions are relaxed, different...

PART I. FACTORS AND CONDITIONS OF SUSTAINABLE DEVELOPMENT OF MODERN SOCIO-ECONOMIC SYSTEMS -- Challenges of Corporate Risk Management after the Global Financial Crisis (K. Benetti) -- “Hexagon” of Property (S. V. Domnina, S. Y. Salynina) -- Have the Lessons about Crisis Processes in the...

Part I Human Capital in the Form of Education, Demographic Change, and Their Economic Implications -- Chapter 1: The Non-linearity in the Relationship Between Human Capital and Growth; Alessandra Pelloni, Thanasis Stengos, and Fabrizio Valenti -- Chapter 2: Optimal Life-Cycle Education Decisions...