Private transfers and college students' decision to work

被引:3
|
作者
Bachmann, Andreas [1 ]
Boes, Stefan [2 ]
机构
[1] Univ Bern, Dept Econ, CH-3001 Bern, Switzerland
[2] Univ Lucerne, Dept Hlth Sci & Hlth Policy, CH-6002 Luzern, Switzerland
关键词
Financial support; Student employment; Time trade-off; Simultaneity bias; PARENTAL TRANSFERS; PANEL-DATA; SCHOOL; EMPLOYMENT; RETURNS;
D O I
10.1016/j.econedurev.2014.05.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
We estimate the impact of external financial support on the labor supply of students during their tertiary education. Using a dynamic labor supply model and accounting for the endogeneity of income from private transfers, we find a significantly lower likelihood of being employed for transfer recipients. Our results suggest that private transfers lead to a shift in students' time allocation, lowering their hours devoted to working and increasing their time devoted to studying. We find evidence for a psychological component of receiving transfers through an increase in the perceived risk of failure in academic studies. (C) 2014 Elsevier Ltd. All rights reserved.
引用
收藏
页码:34 / 42
页数:9
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