The Nature of Credit Constraints and Human Capital. NBER Working Paper No. 13912.

By Lance Lochner, A. Monge-Naranjo. 2008

233 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/56c30e2b62200459178d7a83c6cf053ad26b7b80

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. A. Solís
2. Taylor D. Nadauld

In Economics and Econometrics

1. A. Solís
2. Karen Shen
3. Sarah Turner
4. David O. Lucca
5. Christopher Avery
6. Taylor D. Nadauld

Citations in the corpus

• Credit Supply and the Rise in College Tuition: Evidence from the Expansion in Federal Student Aid Programs (2018, background): “Seftor and Turner (2002) for Pell Grants; Angrist (1993), Stanley (2003), Bound and Turner (2002) for GI Bills; Dynarski (2003) for Social Security student benefit program), though, for Pell Grants the evidence is mixed, as (Hansen (1983) and Kane (1995) find no significant increase in attendance fo”
• Credit Access and College Enrollment (2017, methodology): “I will test a standard prediction from human capital models with credit constraints (see, e.g., Lochner and Monge-Naranjo 2011, 2012) that establish that, in the presence of credit constraints, students stop investing in education when returns are still high.”
• Borrowing Constraints, College Enrollment, and Delayed Entry (2013, unknown): “They find that, conditional on ability and family background, parental income matters much more for educational attainment during recent years.6 Lochner and Monge-Naranjo ð2011Þ build a 3-period model of human capital formation and show that the empirical findings of Belley and Lochner ð2007Þ are…”
• Student Loans: Do College Students Borrow Too Much--Or Not Enough? (2012, background): “…markets and full opportunities to borrow, the human capital investment decision of how much education to acquire is separable from the consumption and savings choice at each moment in time conditional on expected lifetime earnings (for a formal demonstration, see Lochner and Monge-Naranjo 2011).”