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Attanasio, Orazio; Kaufmann, Katja – National Bureau of Economic Research, 2009
In this paper we analyze the link between people's "subjective" expectations of returns to schooling and their decision to invest into schooling. We use data from a household survey on Mexican junior and senior high school graduates that elicits their own and their parents' beliefs about future earnings for different scenarios of…
Descriptors: High Schools, High School Graduates, Foreign Countries, College Attendance