Capital Crossroads

An interesting study analyzes decision making based on the survey results regarding the youth’s outlook. Asked on several questions about school, career and marriage were young people from Albania, Bangladesh, Ethiopia, Iraq, Malaysia, Romania, and Tajikistan, and as such, is significant in policy making in the future. The questions included were:

Thinking of the years of schooling that you received/will receive, who would you say has had most influence on you? Thinking of the person you married/will marry, who would you say has had most influence on you? Thinking of whether you work/will work and the type of occupation you have/had, who would you say has had the most influence on you?

For each question they were asked to choose between “myself,” parents and relatives, friends, and the government as the source of most influence. Using data on the 4,447 youth aged 15-24 in the surveys, I examine the extent to which influence over human capital decisions varies by country, and by sex, rural/urban location, household wealth, education level, and religion.

The picture here btw comes from the same article. Read more of the study here.

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