The incentives of households to implement the educational investment

Autor: Nedospasova Olga, Taran Ekaterina A., Anikina Ekaterina
Jazyk: English<br />French
Rok vydání: 2016
Předmět:
Zdroj: SHS Web of Conferences, Vol 28, p 01071 (2016)
Druh dokumentu: article
ISSN: 2261-2424
DOI: 10.1051/shsconf/20162801071
Popis: Households (as any other rational investors) will make investments in the higher education sphere only in case of being sure that in future invested money will generate a significant money flow at a low risk level. It is important that capital investment should bring return at the rate commensurable with profitability of other assets and time of their expenditure cover should not exceed the horizon, acceptable for the investor. In this article, indices of net present value (NVP) and a period of payback (PB) in the empirical case format are discussed in detail. A conclusion is made by empirical analysis about economic effectiveness of household investments in the higher education sphere and as a result, in personal human capital. The empiric case, presented in this article, revealed considerable private economic benefits from higher education.
Databáze: Directory of Open Access Journals