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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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Détails bibliographiques
Publié dans:Rev Econ Dyn
Auteurs principaux: Hai, Rong, Heckman, James J.
Format: Artigo
Langue:Inglês
Publié: 2017
Sujets:
Accès en ligne: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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