A failure of the market for college education and on-the-job human capital
| dc.contributor.author | Balmaceda, Felipe | |
| dc.date.accessioned | 2023-03-17T19:59:44Z | |
| dc.date.available | 2023-03-17T19:59:44Z | |
| dc.date.issued | 2021-10 | |
| dc.description | INDEXACIÓN:SCOPUS | es |
| dc.description.abstract | This paper shows that a competitive labor market fails to provide first-best incentives to invest in general human capital and this has distributive consequences: college students and firms underinvest in human capital, and this is more pronounced for high-skill students with low-income parents. Long-term contracts, together with privately provided wage-contingent loans, cannot restore efficiency and eliminate the distributive consequences of this labor market failure. Government student loans together with firm subsidies to human capital investments fully solve the market failure. | es |
| dc.identifier.citation | Economics of Education ReviewVolume 84October 2021 Article number 102165 | es |
| dc.identifier.issn | 02727757 | |
| dc.identifier.uri | https://repositorio.unab.cl/xmlui/handle/ria/47561 | |
| dc.language.iso | en | es |
| dc.title | A failure of the market for college education and on-the-job human capital | es |
| dc.type | Artículo | es |
Archivos
Bloque original
1 - 1 de 1
No hay miniatura disponible
- Nombre:
- Balmaceda, F- A failure of the market for college education and on-the-job human capital.htm
- Tamaño:
- 329.13 KB
- Formato:
- Hypertext Markup Language
- Descripción:
- TEXTO COMPLETO EN INGLÉS
Bloque de licencias
1 - 1 de 1
No hay miniatura disponible
- Nombre:
- license.txt
- Tamaño:
- 1.71 KB
- Formato:
- Item-specific license agreed upon to submission
- Descripción: