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Have we Underinvested in Education?
1994Abstract This paper argues that there is no evidence that the economic return to schooling has been overestimated by attributing erroneously to education increased earning power caused, in fact, by ability. Moreover, there is considerable evidence that the economic return to education has been underestimated, and may be as much as 16 percent for each
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Underinvestment and Capital Misallocation Under Sovereign Risk
Journal of International EconomicsCapital and its sectoral allocation affect default incentives. Under general assumptions, default risk is decreasing in the total stock of capital and increasing in the share of capital allocated to non-tradable production. This implies that when competitive households make all investment decisions capital has two externalities: a capital-stock ...
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Population aging and structural over/underinvestment
Economic Change and Restructuring, 2023Karel Bruna, Jiří Pour
exaly
Gross underinvestment in antibacterial research
The Lancet Infectious Diseases, 2014openaire +3 more sources
Seeking Value Through Deviation? Economic Impacts of IT Overinvestment and Underinvestment
Information Systems Research, 2017Joanna Ho, Anne Wu, Sean Xin Xu
exaly
The Underinvestment and Overinvestment Hypotheses: an Analysis Using Panel Data
European Financial Management, 2003Julio Pindado
exaly
Selling accounts receivable and the underinvestment problem
Quarterly Review of Economics and Finance, 1999Ben Sopranzetti
exaly

