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Mortality Decline, Human Capital Investment, and Economic Growth
mortality schooling calibration
2015/9/21
We examine the role of increased life expectancy in raising human capital investment
during the process of economic growth. We develop a continuous time, overlapping generations model in which indivi...
Locus of Control and Human Capital Investment Revisited
Locus of Control Human Capital Investment Revisited
2016/3/7
This paper examines the effect of teenagers’ outlooks—specified as their locus of control—on educational attainment and labor market outcomes. I replicate the study of Coleman and DeLeire (2003) and t...
An Economic Model of Locus of Control and the Human Capital Investment Decision
Economic Model Human Capital Investment Decision
2016/3/4
We present an economic model of how teenagers’ outlooks—specifically their locus of control—affect their human capital investments. Locus of control measures the extent to which a person believes thei...