| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26335 |
| 来源ID | Working Paper 26335 |
| The Consumption Value of College | |
| Yifan Gong; Lance Lochner; Ralph Stinebrickner; Todd R. Stinebrickner | |
| 发表日期 | 2019-10-07 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper uses the Euler equation and novel data from Berea College students on their consumption expenditures during and after college, desired borrowing amounts, beliefs about post-college earnings, and elicited risk-aversion and time preference parameters to determine their consumption value of college attendance. Estimates suggest an average annual consumption value of college as high as $15,110 with considerable heterogeneity across students. Accounting for these benefits raises the average expected return to college by as much as 18% and substantially lowers the estimated willingness-to-pay for higher student loan limits. |
| 主题 | Health, Education, and Welfare ; Education |
| URL | https://www.nber.org/papers/w26335 |
| 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/584007 |
| 推荐引用方式 GB/T 7714 | Yifan Gong,Lance Lochner,Ralph Stinebrickner,et al. The Consumption Value of College. 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 | ||
| w26335.pdf（666KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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