| 000 -LEADER |
| fixed length control field |
01282nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
210927b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Athreya, Kartik and Eberly, Janice |
| 245 ## - TITLE STATEMENT |
| Title |
Risk, The college premium, and aggregate human capital investment |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
American Economic Journal Macroeconomics |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
13(2), Apr, 2021: p.168-213 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Despite increases in the college earnings premium to persistently high levels, investment in college education remains low. We can understand this apparent puzzle by considering the risk of attending college and, in particular, the possibility of failing to graduate. Students with a reasonable probability of completing college already enroll, and for those who do not enroll, the low chance of completion blunts the impact of the rising college premium. In the absence of improved college readiness, our quantitative results suggest that continuing long-standing trends in skill-biased technological change can be expected primarily to increase earnings inequality rather than college attainment. – Reproduced
|
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Risk, College premium, Human capital investment, Human capital |
| 9 (RLIN) |
29565 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
American Economic Journal Macroeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
HUMAN CAPITAL |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |