Post-Schooling Human Capital Investments and the Life Cycle of Earnings

Abstract

We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rates of return and costs of human capital investments, and their terminal values of human capital at an arbitrary date in the future.

Publication
Journal of Political Economy, 126(3)
Nicolas Pistolesi
Nicolas Pistolesi
Professor of Economics

My research interests include income inequality, economics of education and public policy evaluation.