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Author: Ihnen, Loren A.
Resulting in 1 citation.
1. Wallace, T. Dudley
Ihnen, Loren A.
Palmer, Steven K.
An Empirical Investigation of the Determinants of the Expenditures and Time Spent on Formal Schooling: A Test of a Life Cycle Model of Human Capital
Final Report, U.S. Department of Health, Education and Welfare, National Institute of Education, 1975
Cohort(s): Young Men
Publisher: U.S. Department of Health, Education, and Welfare, => U.S. Health & Human Services
Keyword(s): Educational Costs; Life Cycle Research; Schooling

This project explores a life cycle model for implications about economic variables influencing choice of length of full-time schooling and applies the resulting model to the NLS data. A Ben Porath type model was solved for the reduced form relating length of full-time schooling to the exogenous variables (model parameters). In addition, directional effects of these variables on length of full-time schooling were derived. The results confirm the implication of the theoretical model that schooling choice is subject to economic explanation.
Bibliography Citation
Wallace, T. Dudley, Loren A. Ihnen and Steven K. Palmer. "An Empirical Investigation of the Determinants of the Expenditures and Time Spent on Formal Schooling: A Test of a Life Cycle Model of Human Capital." Final Report, U.S. Department of Health, Education and Welfare, National Institute of Education, 1975.