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Human capital investment in the presence of unemployment: application to university enrolment in Spain

Subtitle:
SKOPE Research Paper No. 12, August 2000
Abstract:

This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up this issue in the past have produced results that are seemingly contradictory with each other. We build a model of the enrolment decision that is capable of explaining these results in a unified manner. In this model, unemployment affects the enrolment decision both through changing costs of and returns to education (investment effect) and through changing parental weal...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE)
Department:
Social Sciences Division - Economics
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Institution:
Yokohama National University
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Funding agency for:
Etsuro Shioji
Publisher:
ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE) Publisher's website
Series:
SKOPE Research Papers
Publication date:
2000
URN:
uuid:3b03550d-680a-41fd-a01d-6261f7befbcb
Local pid:
ora:4577

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