Human Capital Investments in Education and Home Stability: Exploring Education, Homeownership and Poverty
Jordan, Jeffrey L.
The purpose of this paper is to investigate the relationship between housing uncertainties, child time preferences and education outcomes in the form of staying in school. The paper tests the hypothesis that students who face housing uncertainties through mortgage foreclosures and evictions learn impatient behavior and are therefore at greater risk of dropping out of school, impeding human capital formation and economic development.
discount rates, housing and education, Community/Rural/Urban Development,
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