Schooling as a job search process

Chengze FAN

doi:10.1016/0165-1765(93)90117-U

Schooling as a job search process

Chengze FAN

Research output: Journal Publications › Journal Article (refereed) › peer-review

1 Citation (Scopus)

Abstract

This analysis introduces uncertainty into a schooling model. I show that because an individual has the opportunity to search for a job during his schooling process, uncertainty imparts an ‘option value’ to schooling and effects his decisions on schooling even if he is risk neutral.

Original language	English
Pages (from-to)	85-91
Number of pages	7
Journal	Economics Letters
Volume	41
Issue number	1
DOIs	https://doi.org/10.1016/0165-1765(93)90117-U
Publication status	Published - 1993
Externally published	Yes

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title = "Schooling as a job search process",

abstract = "This analysis introduces uncertainty into a schooling model. I show that because an individual has the opportunity to search for a job during his schooling process, uncertainty imparts an {\textquoteleft}option value{\textquoteright} to schooling and effects his decisions on schooling even if he is risk neutral.",

author = "Chengze FAN",

year = "1993",

doi = "10.1016/0165-1765(93)90117-U",

language = "English",

volume = "41",

pages = "85--91",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier B.V.",

number = "1",

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T1 - Schooling as a job search process

AU - FAN, Chengze

PY - 1993

Y1 - 1993

N2 - This analysis introduces uncertainty into a schooling model. I show that because an individual has the opportunity to search for a job during his schooling process, uncertainty imparts an ‘option value’ to schooling and effects his decisions on schooling even if he is risk neutral.

AB - This analysis introduces uncertainty into a schooling model. I show that because an individual has the opportunity to search for a job during his schooling process, uncertainty imparts an ‘option value’ to schooling and effects his decisions on schooling even if he is risk neutral.

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U2 - 10.1016/0165-1765(93)90117-U

DO - 10.1016/0165-1765(93)90117-U

M3 - Journal Article (refereed)

SN - 0165-1765

VL - 41

SP - 85

EP - 91

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Schooling as a job search process

Abstract

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