05-037/3 - Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

• Authors
  Bas Jacobs, European University Institute, and Universiteit van Amsterdam; Sweder J.G. van Wijnbergen, Universiteit van Amsterdam, and CEPR
• Publication date
  April 6, 2005

• Keywords
  human capital; capital market imperfections; credit rationing; financing risk investment; optimal education finance; graduate taxes; education subsidies
• JEL
  H21; H24; H52; H81; I22; I28; J24