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Inequality in Human Capital and Endogenous Credit Constraints

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 consu...

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Detalhes bibliográficos
Publicado no:Rev Econ Dyn
Main Authors: Hai, Rong, Heckman, James J.
Formato: Artigo
Idioma:Inglês
Publicado em: 2017
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC5476319/
https://ncbi.nlm.nih.gov/pubmed/28642641
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.red.2017.01.001
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