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Investment in human capital

No AccessStand Alone Books1 Feb 2013Investment in human capitalSchooling supply constraints in rural GhanaAuthors/Editors: Victor LavyVictor Lavyhttps://doi.org/10.1596/0-8213-2321-0SectionsAboutPDF (0.1 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:Human capital investment is usually modeled in an intertemporal optimization framework in which households or individuals maximize the present value of life-time utility. The main cost emphasized in these models is forgone earnings while in school. Direct costs such as user fees and travel costs a…

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