The Consumption Value of Schooling: An Empirical Estimate of One Aspect
通过实证方法估计教育作为避免越南战争征兵手段的消费价值，证明人力资本不仅具有投资价值，还有消费价值。
The purpose of this paper is to demonstrate by example that human capital is more than just a capital good in the strictest sense of the term. Certain forms of human capital have consumption value in addition to the value of the increased stream offuture monetary and nonmonetary benefits. A methodfor empirically estimating the consumption value of schooling as a vehicle to avoid the Vietnam War draft is presented.