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Educational Choices, Subjective Expectations, and Credit Constraints

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NBER2009-07-01 更新2025-01-04 收录
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In this paper we analyze the link between people's "subjective" expectations of returns to schooling and their decision to invest into schooling. We use data from a household survey on Mexican junior and senior high school graduates that elicits their own and their parents' beliefs about future

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2009-07-01
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