Educational Financing and Lifetime Earnings. / Sauer, Robert M.

In: Review of Economic Studies, Vol. 71, No. 4, 10.2004, p. 1189-1216.

Research output: Contribution to journalArticlepeer-review

Published

Standard

Educational Financing and Lifetime Earnings. / Sauer, Robert M.

In: Review of Economic Studies, Vol. 71, No. 4, 10.2004, p. 1189-1216.

Research output: Contribution to journalArticlepeer-review

Harvard

Sauer, RM 2004, 'Educational Financing and Lifetime Earnings', Review of Economic Studies, vol. 71, no. 4, pp. 1189-1216.

APA

Sauer, R. M. (2004). Educational Financing and Lifetime Earnings. Review of Economic Studies, 71(4), 1189-1216.

Vancouver

Sauer RM. Educational Financing and Lifetime Earnings. Review of Economic Studies. 2004 Oct;71(4):1189-1216.

Author

Sauer, Robert M. / Educational Financing and Lifetime Earnings. In: Review of Economic Studies. 2004 ; Vol. 71, No. 4. pp. 1189-1216.

BibTeX

@article{bdcbecc94b854d04a179e2ce9b36593f,
title = "Educational Financing and Lifetime Earnings",
abstract = "This paper formulates and estimates a dynamic programming model of optimal educational financing decisions. The main purpose of the paper is to measure the effect of short-term parental cash transfers, received during school, on educational borrowing and in-school work decisions, and on post-graduation lifetime earnings. The estimated parameters of the model imply that parental cash transfers do not significantly influence post-graduation lifetime earnings. Long-term factors such as family background and prior human capital investments are more important. Parental cash transfers do, however, significantly determine the decision to borrow or work during school and the level of lifetime consumption.",
author = "Sauer, {Robert M.}",
year = "2004",
month = oct,
language = "English",
volume = "71",
pages = "1189--1216",
journal = "Review of Economic Studies",
issn = "0034-6527",
publisher = "Oxford University Press",
number = "4",

}

RIS

TY - JOUR

T1 - Educational Financing and Lifetime Earnings

AU - Sauer, Robert M.

PY - 2004/10

Y1 - 2004/10

N2 - This paper formulates and estimates a dynamic programming model of optimal educational financing decisions. The main purpose of the paper is to measure the effect of short-term parental cash transfers, received during school, on educational borrowing and in-school work decisions, and on post-graduation lifetime earnings. The estimated parameters of the model imply that parental cash transfers do not significantly influence post-graduation lifetime earnings. Long-term factors such as family background and prior human capital investments are more important. Parental cash transfers do, however, significantly determine the decision to borrow or work during school and the level of lifetime consumption.

AB - This paper formulates and estimates a dynamic programming model of optimal educational financing decisions. The main purpose of the paper is to measure the effect of short-term parental cash transfers, received during school, on educational borrowing and in-school work decisions, and on post-graduation lifetime earnings. The estimated parameters of the model imply that parental cash transfers do not significantly influence post-graduation lifetime earnings. Long-term factors such as family background and prior human capital investments are more important. Parental cash transfers do, however, significantly determine the decision to borrow or work during school and the level of lifetime consumption.

M3 - Article

VL - 71

SP - 1189

EP - 1216

JO - Review of Economic Studies

JF - Review of Economic Studies

SN - 0034-6527

IS - 4

ER -