Parental Resources and Relative Risk Aversion in Intra-secondary Transitions: A Trend Analysis of Non-standard Educational Decision Situations in the Netherlands

The theory of rational educational decisions assumes that parental resources as well as status maintenance motives are relevant for educational decisions. A large body of previous research examines these mechanisms for standard educational decisions at the conventional transition points. There is reason to assume, however, that the same decision parameters affect non-standard educational transitions as well. Secondary education in the Netherlands is divided into four hierarchical tracks and students are allocated to one of these tracks at the age of 12 years. In the Dutch educational system up... Mehr ...