It is well known that higher education financing involves uncertainty and risk with respect to
students' future economic fortunes, and an unwillingness of banks to provide loans because …

Education has become an increasingly important activity within all economies; from pre-
school years groups through to continuing education and retraining, the accumulation of …

Rising costs of and returns to college have led to sizeable increases in the demand for
student loans in many countries. In the USA, student loan default rates have also risen for …

Higher education rates are increasing throughout the Western world, yet at the same time,
government budgets face increasing constraints. This has ensured that the importance of …

This paper shows that a competitive labor market fails to provide first-best incentives to
invest in general human capital and this has distributive consequences: college students …

A critical aim of a higher education financing system is to help ensure that there are minimal
barriers to the participation of talented but poor students. To this end governments of mature …

In Europe, the need for additional funding coming from either budget cuts and/or increased
costs due to increased competition in university quality has reopened the debate on the …

This paper develops a stochastic search model having a monocentric city structure and
investigates how city structure affects workers' job acceptance behavior and a labor market …

We study human capital accumulation in the presence of labor search frictions. Given that
unemployed workers can default on their education loans, skilled individuals with a larger …

В монографии исследуются методы анализа воспроизводства человеческого капитала
как ключевого условия формирования инновационной среды цифровой экономики …