Self-financing, Parental Transfer, and College Education
2019/07/23
研討會日期 : 2019-07-23
時間 : 14:30
主講人 : Professor Sunha Myong
主持人 : Professor Terry Cheung
地點 : Conference Room B110
演講者簡介 : Professor Myong received her Ph.D. in Economics from Washington University in St. Louis in 2016. She is currently an Assistant Professor of Economics in Singapore Management University. Her research fields are Labor Economics, Economics of Education, Applied Econometrics, and Development Economics.
演講摘要 : We show borrowing constraints can affect human capital accumulation of college students by influencing students' labor supply. We document many college students work a substantial amount of hours at low-skilled jobs, and students who have less financial resources (in particular, parental transfer) tend to work more. By estimating a model that incorporates college students’ labor supply and its interaction with parental transfer in the presence of borrowing constraints, we show 67% of working hours by college students and 64% of parental transfer are explained by borrowing constraints. We discuss implications of different types of financial subsidies for college students.
