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Inequality in human capital and endogenous credit constraints

Hai, Rong; Heckman, James J. - In: Review of economic dynamics 25 (2017), pp. 4-36

Persistent link: https://www.econbiz.de/10011893676

Inequality in Human Capital and Endogenous Credit Constraints

Hai, Rong - 2018

This paper studies the determinants of inequality in human capital with particular emphasis on the role of the credit constraints. We develop and estimate a model in which individuals are subject to uninsured human capital risks and invest in education, acquire work experience, accumulate...

Persistent link: https://www.econbiz.de/10012936308

Inequality in Human Capital and Endogenous Credit Constraints

Hai, Rong - 2017

This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth...

Persistent link: https://www.econbiz.de/10012966600

Inequality in Human Capital and Endogenous Credit Constraints

Hai, Rong - 2016

Persistent link: https://www.econbiz.de/10012455681

Policies to promote growth and economic efficiency in Mexico

Arias, Javier; Azuara, Oliver; Bernal, Pedro; Heckman, … - 2010

stress in Mexico and this retards the growth of skills of workforce. (2) The informal sector is large, mostly due to the … workers outside the formal sector have promoted the growth of the informal sector. -- Mexico ; family policy ; informality …