Saving and learning: theory and evidence from saving for child’s college
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Frankfurt, M.
Dt. Bundesbank
2012
|
| Schriftenreihe: | Discussion paper / Deutsche Bundesbank
Eurosystem 2012,21 |
| Links: | http://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2012/2012_09_03_dkp_21.pdf?__blob=publicationFile http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025316765&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Beschreibung: | Zsfassung in dt. u. engl. Sprache.- Online-Ausg. im Internet |
| Umfang: | 65 S. graph. Darst. |
| ISBN: | 9783865588388 9783865588371 |
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Datensatz im Suchindex
| _version_ | 1819306583885086720 |
|---|---|
| adam_text | Titel: Saving and learning
Autor: Zhu, Junyi
Jahr: 2012
Contents
1 Introduction X
2 Asset accumulation with learning: a theoretical model of college
saving 4
2.1 Literature................................. 5
2.2 Model................................... G
2.2.1 Main model............................ 7
2.2.2 Two contrast models....................... 11
2.2.3 Wealth effect ........................... 13
2.2.4 Learning effect .......................... 14
2.3 Solutions.................................. 16
2.3.1 Characterization of policy rules................. 16
2.3.2 Evolution of policy rules..................... 18
2.3.3 Wealth effect on college saving.................. 18
2.3.4 Implications of learning on college saving............ 19
3 Empirical evidence on college saving with learning 20
3.1 Data.................................... 21
3.2 Specification and empirical issues.................... 22
3.2.1 Test on college-bound choice................... 22
3.2.2 Test on college saving level.................... 25
3.3 Results................................... 27
3.3.1 College-bound choice....................... 27
3.3.2 College saving........................... 29
4 Policy implication 31
4.1 Inefficiency of tax-preferred ESA to encourage ESP.......... 31
4.2 Policy suggestion............................. 32
5 Conclusion 34
A Data description 47
A.l Variables from NELS88.......................... 17
A.2 Variables from PSID/CDS TA .................... 48
A.2.1 Asset/income........................... 48
A.2.2 Signal of child s cognitive ability................. 48
A.2.3 College expectation/outcome .................. 49
A.2.4 Others from PSID/CDS TA.................. 50
A.2.5 Yearly college expenditure from NCES............. 50
B Numerical algorithm 50
|
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| discipline | Wirtschaftswissenschaften |
| format | Book |
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| id | DE-604.BV040469443 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T16:15:41Z |
| institution | BVB |
| isbn | 9783865588388 9783865588371 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025316765 |
| oclc_num | 812409131 |
| open_access_boolean | 1 |
| owner | DE-355 DE-BY-UBR DE-188 DE-12 DE-945 |
| owner_facet | DE-355 DE-BY-UBR DE-188 DE-12 DE-945 |
| physical | 65 S. graph. Darst. |
| psigel | ebook |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | Dt. Bundesbank |
| record_format | marc |
| series2 | Discussion paper / Deutsche Bundesbank |
| spellingShingle | Zhu, Junyi Saving and learning theory and evidence from saving for child’s college |
| title | Saving and learning theory and evidence from saving for child’s college |
| title_auth | Saving and learning theory and evidence from saving for child’s college |
| title_exact_search | Saving and learning theory and evidence from saving for child’s college |
| title_full | Saving and learning theory and evidence from saving for child’s college Juny Zhu |
| title_fullStr | Saving and learning theory and evidence from saving for child’s college Juny Zhu |
| title_full_unstemmed | Saving and learning theory and evidence from saving for child’s college Juny Zhu |
| title_short | Saving and learning |
| title_sort | saving and learning theory and evidence from saving for child s college |
| title_sub | theory and evidence from saving for child’s college |
| url | http://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2012/2012_09_03_dkp_21.pdf?__blob=publicationFile http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025316765&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV040156046 |
| work_keys_str_mv | AT zhujunyi savingandlearningtheoryandevidencefromsavingforchildscollege |