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The Uncertain Lifetime and the Timing of Human Capital Investment
Mortality Human Capital Investment Survival Probability Economic Growth
2015/9/21
I examine the effects of mortality decline on fertility and human capital investment decision of
parents taking into account the uncertainty about child survival. The existence of such uncertai...
Mortality Decline, Human Capital Investment, and Economic Growth
mortality schooling calibration
2015/9/21
We examine the role of increased life expectancy in raising human capital investment
during the process of economic growth. We develop a continuous time, overlapping generations model in which indivi...
Locus of Control and Human Capital Investment Revisited
Locus of Control Human Capital Investment Revisited
2016/3/7
This paper examines the effect of teenagers’ outlooks—specified as their locus of control—on educational attainment and labor market outcomes. I replicate the study of Coleman and DeLeire (2003) and t...
An Economic Model of Locus of Control and the Human Capital Investment Decision
Economic Model Human Capital Investment Decision
2016/3/4
We present an economic model of how teenagers’ outlooks—specifically their locus of control—affect their human capital investments. Locus of control measures the extent to which a person believes thei...