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)
SN - 0165-1765
VL - 41
SP - 85
EP - 91
JO - Economics Letters
JF - Economics Letters
IS - 1
ER -