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The role of information on return to human capital: a laboratory experiment on educational choices

Using experimental economics, this study examines the role of labour market information (LMI) and education in explaining human capital investment by adults. LMI matters, and can be improved, but it influences education investment decisions far more for young adults than for older adults. LMI can serve to increase young people's willingness to invest in education, but is not likely to have a strong impact on the educational investment decisions of older adults.

Using experimental economics, this study examines the role of labour market information (LMI) and education in explaining ...  Show Full Abstract  

Authors: Johnson, Cathleen; Montmarquette, Claude; Viennot-Briot, Nathalie
Corporate authors: Human Resources and Social Development Canada (HRSDC)
Industry Canada (IC)
Social Sciences and Humanities Research Council Initiative on the New Economy (SSHRC-INE)
Date: 2006
Geographic subjects: North America; Canada
Resource type: Working paper
Series name: HRSDC-IC-SSHRC Skills Research Initiative working paper
Subjects: Labour market; Skills and knowledge; Finance;
Teaching and learning show more

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