Schooling as a job search process

Research output: Journal PublicationsJournal Article (refereed)

1 Scopus Citations

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 languageEnglish
Pages (from-to)85-91
Number of pages7
JournalEconomics Letters
Volume41
Issue number1
DOIs
Publication statusPublished - 1993
Externally publishedYes

Fingerprint

Schooling
Job search
Option value
Uncertainty analysis
Uncertainty

Cite this

FAN, Chengze. / Schooling as a job search process. In: Economics Letters. 1993 ; Vol. 41, No. 1. pp. 85-91.
@article{c98c65e1753a426387f25f54fa67452b,
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 ‘option value’ 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",
number = "1",

}

Schooling as a job search process. / FAN, Chengze.

In: Economics Letters, Vol. 41, No. 1, 1993, p. 85-91.

Research output: Journal PublicationsJournal Article (refereed)

TY - JOUR

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.

UR - https://www.scopus.com/inward/record.uri?eid=2-s2.0-43949174854&doi=10.1016%2f0165-1765%2893%2990117-U&partnerID=40&md5=1243db81878d67738be31d99dca36800

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

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

M3 - Journal Article (refereed)

VL - 41

SP - 85

EP - 91

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 1

ER -