English, Article, Journal or magazine article edition: Growth and Human Capital Accumulation under Uncertainty Rillaers, Alexandra

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Bookmark: http://trove.nla.gov.au/version/4141
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Growth and Human Capital Accumulation under Uncertainty
Author
  • Rillaers, Alexandra
Physical Description
  • preprint
Notes
  • The aim of this paper is to understand the role of uncertainty in education choices and therefore in growth. We consider an overlapping generations model in which endogenous growth is introduced through human capital accumulation. We introduce uncertainty as to the individual returns to educational investment, and we assume markets to be incomplete. We study the effect of this uncertainty on the behavior of the risk averse individual regarding his effort in education. The analysis is carried out within a general equilibrium approach.
  • Human capital; Growth; Education; Uncertainty; Overlapping Generations Model
  • RePEc:ctl:louvir:1998020
Language
  • English
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