全球智库信息集成服务系统(G2TT): Present Bias and Underinvestment in Education? Long-run Effects of Childhood Exposure to Booms in Colombia

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Present Bias and Underinvestment in Education? Long-run Effects of Childhood Exposure to Booms in Colombia
	Bladimir Carrillo
发表日期	2019
出处	Economic Theory
出版年	2019
语种	英语
摘要	This paper examines the long-run impacts of income shocks by exploiting variation in coffee cultivation patterns within Colombia and world coffee prices during cohorts' school-going years in a differences-in-differences framework. The results indicate that cohorts who faced higher returns to coffee-related work during school-going years completed fewer years of schooling and have lower income in adulthood. These findings suggest that leaving school during temporary booms results in a significant loss of long-term income. This is consistent with the possibility that students may ignore or heavily discount the future consequences of dropout decisions when faced with immediate income gains. *** Suggested citation: Carrillo, B. (2019), 'Present Bias and Underinvestment in Education? Long-run Effects of Childhood Exposure to Booms in Colombia', Nota di Lavoro 7.2019, Milano, Italy: Fondazione Eni Enrico Mattei
特色分类	J24;O12;O13
关键词	Coffee Price Shocks Transitory Income Shocks Human Capital Accumulation Opportunity Cost of Schooling Long-run Impacts Schooling
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/present-bias-and-underinvestment-in-education-long-run-effects-of-childhood-exposure-to-booms-in-colombia/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118615
推荐引用方式 GB/T 7714	Bladimir Carrillo. Present Bias and Underinvestment in Education? Long-run Effects of Childhood Exposure to Booms in Colombia. 2019.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
cover-front57.jpg（92KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
ndl2019-007.pdf（1620KB）	智库出版物		限制开放	CC BY-NC-SA	浏览