Intergenerational mobility and student loans

Nakano, Ryota

Institute of Social and Economic Research Discussion Papers, 2024, 1248, 1-18

アクセス数:20件（2025-04-21 05:55 集計）

固定URL: https://hdl.handle.net/11094/97109

論文情報

ファイル出力 EndNote Basic出力 Mendeley出力

タイトル
Intergenerational mobility and student loans
著者
著者名
Nakano, Ryota
キーワード等
Educational borrowing
Intergenerational mobility
Education
JEL分類コード (JEL)
I22
I24
J62
抄録
The decision of whether and how much to borrow from the credit market in order to finance education costs depends crucially on parental investment in education. This study constructs a simple two-period overlapping generations model incorporating both educa-tional investment from parents and educational borrowing. The analysis shows that in the case where educational investment from parents and educational borrowing are sub-stitutive, the relaxation of the borrowing constraint improves intergenerational mobility. In the complementary case, the relaxation of the borrowing constraint may impair inter-generational mobility. Implications differ depending on whether the relationship between parental investments and borrowings is substitutive or complementary.
出版者
The Institute of Social and Economic Research, Osaka University
収録物名
Institute of Social and Economic Research Discussion Papers
巻(号)
1248
ページ
1-18
刊行年月
2024-07
言語
英語
ハンドルURL
https://hdl.handle.net/11094/97109
PISSN
0473453X
eISSN
24350982
関連情報 (references)
URI
https://www.iser.osaka-u.ac.jp/library/dp/2024/DP1248.pdf
アクセス権
metadata only access
カテゴリ
ディスカッション／ワーキング・ペーパー DP/WP
Institute of Social and Economic Research Discussion Papers