The incentives of households to implement the educational investment

Abstract

Abstract. 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.

Ageing Population: Challenge for New Quality of Social Policy

“…Among the measures aimed at improving the wellbeing of the elderly from the first age group (60 -64 years), we may focus on the stimulation of employment and activity, the creation of an integrated system of employment of older people (Erickson, 2010;Winkelmann, 2008;Nedospasova et al, 2016;Alatartseva, & Barysheva, 2016;Frolova, & Malanina, 2016).…”