| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23641 |
| 来源ID | Working Paper 23641 |
| Estimating the Value of Higher Education Financial Aid: Evidence from a Field Experiment | |
| Christian Belzil; Arnaud Maurel; Modibo Sidibé | |
| 发表日期 | 2017-08-07 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Using data from a Canadian field experiment on the financial barriers to higher education, we estimate the distribution of the value of financial aid for prospective students, and relate it to parental socio-economic background, individual skills, risk and time preferences. Our results point out that a considerable share of prospective students are affected by credit constraints. We find that most of the individuals are willing to pay a sizable interest premium above the prevailing market rate for the option to take up a loan, with a median interest rate wedge equal to 6.6 percentage points for a $1,000 loan. The willingness-to-pay for financial aid is highly heterogeneous across students, with preferences and in particular discount factors, playing a key role in accounting for this variation. |
| 主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w23641 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581315 |
| 推荐引用方式 GB/T 7714 | Christian Belzil,Arnaud Maurel,Modibo Sidibé. Estimating the Value of Higher Education Financial Aid: Evidence from a Field Experiment. 2017. |
| 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 | ||
| w23641.pdf（455KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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