Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Concept Videos

Sustainable Development01:43

Sustainable Development

14.8K
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
14.8K
Mate Choice01:20

Mate Choice

11.7K
Mate choice—the decision about whom to mate with—is a type of natural selection, since animals must reproduce to pass down their genes. Mate choice is also called intersexual selection because the behavior occurs between the sexes.
11.7K
Light Acquisition02:16

Light Acquisition

9.4K
In order to produce glucose, plants need to capture sufficient light energy. Many modern plants have evolved leaves specialized for light acquisition. Leaves can be only millimeters in width or tens of meters wide, depending on the environment. Due to competition for sunlight, evolution has driven the evolution of increasingly larger leaves and taller plants, to avoid shading by their neighbors with contaminant elaboration of root architecture and mechanisms to transport water and nutrients.
9.4K
Personal Choice and Fate Attributions01:19

Personal Choice and Fate Attributions

164
Some individuals interpret life events as a consequence of their personal choices and actions, while others believe that outcomes are dictated by fate or destiny. This divergence in perspective has been examined in psychological and cross-cultural studies, particularly in relation to religious faith and cultural beliefs about causality.Fate and Personal ResponsibilityPeople who emphasize personal responsibility view events as direct consequences of their decisions. For instance, breaking a leg...
164
Water and Mineral Acquisition02:34

Water and Mineral Acquisition

35.4K
Specialized tissues in plant roots have evolved to capture water, minerals, and some ions from the soil. Roots exhibit a variety of branching patterns that facilitate this process. The outermost root cells have specialized structures called root hairs that increase the root surface, thus increasing soil contact. Water can passively cross into roots, as the concentration of water in the soil is higher than that of the root tissue. Minerals, in contrast, are actively transported into root cells.
35.4K
Factors Affecting α-Alkylation of Ketones: Choice of Base01:10

Factors Affecting α-Alkylation of Ketones: Choice of Base

3.6K
α-Alkylation of ketones is achieved in the presence of alkyl halides and a base. The reaction proceeds via the formation of an enolate ion followed by nucleophilic substitution. The choice of base employed is essential as it is the key factor in determining the reaction outcome.
The reaction involving bases like EtO− whose conjugate acid EtOH (pKa = 15.9) is stronger than the ketone (pKa = 19.2) results in an equilibrium mixture with higher ketone concentration. As a consequence,...
3.6K

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income.

Journal of monetary economics·2021
Same author

Integrated Household Surveys: An Assessment of U.S. Methods and an Innovation.

Economic inquiry·2019
Same author

Risk and Return in Village Economies.

American economic journal. Microeconomics·2019
Same author

FAMILY FIRMS, BANK RELATIONSHIPS, AND FINANCIAL CONSTRAINTS: A COMPREHENSIVE SCORE CARD.

International economic review·2019
Same author

Village and Larger Economies: The Theory and Measurement of the Townsend Thai Project.

The journal of economic perspectives : a journal of the American Economic Association·2018
Same author

Identification of biomarkers of response to abatacept in patients with SLE using deconvolution of whole blood transcriptomic data from a phase IIb clinical trial.

Lupus science & medicine·2017
Same journal

Rescue policies for small businesses in the COVID-19 recession.

Review of economic dynamics·2024
Same journal

Employer reallocation during the COVID-19 pandemic: Validation and application of a do-it-yourself CPS.

Review of economic dynamics·2022
Same journal

Knowledge, germs, and output.

Review of economic dynamics·2022
Same journal

Taxation and inequality: Active and passive channels.

Review of economic dynamics·2020
Same journal

Revisiting speculative hyperinflations in monetary models.

Review of economic dynamics·2020
Same journal

Rare events and long-run risks.

Review of economic dynamics·2020
See all related articles

Related Experiment Video

Updated: Jan 20, 2026

Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease
06:16

Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease

Published on: August 9, 2024

816

Human Capital Acquisition and Occupational Choice: Implications for Economic Development.

Martí Mestieri1, Johanna Schauer2, Robert M Townsend3

  • 1Northwestern and CEPR.

Review of Economic Dynamics
|August 20, 2019
PubMed
Summary
This summary is machine-generated.

This study reveals that household decisions on children's education and entrepreneurship are intertwined due to financial constraints. Improving these factors can significantly reduce inequality and enhance intergenerational wealth mobility.

More Related Videos

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
11:51

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

15.6K
Collection and Extraction of Occupational Air Samples for Analysis of Fungal DNA
12:02

Collection and Extraction of Occupational Air Samples for Analysis of Fungal DNA

Published on: May 2, 2018

13.0K

Related Experiment Videos

Last Updated: Jan 20, 2026

Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease
06:16

Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease

Published on: August 9, 2024

816
Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
11:51

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

15.6K
Collection and Extraction of Occupational Air Samples for Analysis of Fungal DNA
12:02

Collection and Extraction of Occupational Air Samples for Analysis of Fungal DNA

Published on: May 2, 2018

13.0K

Area of Science:

  • Economics
  • Development Economics
  • Household Economics

Background:

  • Household decisions on schooling and entrepreneurship are influenced by assets, talent, and demographics.
  • Financial constraints significantly co-determine human capital investments and entrepreneurial choices.

Purpose of the Study:

  • To develop and calibrate a heterogeneous-agent, incomplete-markets, overlapping-generations dynasty model.
  • To analyze the joint decisions of households regarding children's schooling and parents' entrepreneurial activities.

Main Methods:

  • Utilized household-level data from Mexico.
  • Developed a dynamic general equilibrium model with heterogeneous agents and incomplete markets.
  • Calibrated the model to match empirical patterns in education, wealth, and entrepreneurship.

Main Results:

  • The model replicates key data correlations, including non-monotonic education-asset relationships and dynastic persistence.
  • Endogenous human capital acquisition is a major driver of inequality and intergenerational persistence.
  • Removing borrowing constraints boosts household expenditure and reduces asset-schooling correlations.

Conclusions:

  • Human capital investment and financial constraints are critical determinants of inequality and intergenerational mobility.
  • Policy interventions addressing borrowing constraints can improve economic well-being and reduce wealth disparities.