Opportunity Unraveled: Private Information and the Missing Markets for Financing Human Capital
收藏NBER2021-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29214
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资源简介：
Investing in college carries high returns but comes with considerable risk. Financial products like equity contracts can mitigate this risk, yet college is typically financed through non-dischargeable, government-backed student loans. This paper argues that adverse selection has unraveled private
提供机构：
美国国家经济研究局
创建时间：
2021-09-01
