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The Long-Run Educational Cost of World War II: An Example of Local Average Treatment Effect Estimation

Ichino, Andrea; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1998

An important component of the long-run cost of a war is the loss of human capital, suffered by children of schooling age who receive less education because of the war. This paper shows that in the European countries involved in World War II, children who were ten years old during the conflict...

Persistent link: https://www.econbiz.de/10005124013

Clash of Career and Family: Fertility Decisions after Job Displacement

del Bono, Emilia; Weber, Andrea; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2008

In this paper we investigate how fertility decisions respond to unexpected career interruptions, which occur as a consequence of job displacement. Using an event study approach we compare the birth rates of displaced women with those of women unaffected by job loss after establishing the...

Persistent link: https://www.econbiz.de/10005124116

Endogenous Growth, Human Capital, and Industry Wages

Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1992

Lucas' 1988 model of the external effects of human capital formation is used as a starting point for an analysis of the impact of human capital on wages. Most empirical tests of new growth theory are based on time-series and cross-section data. This paper suggests a microeconometric approach to...

Persistent link: https://www.econbiz.de/10005497700

Returns to Apprenticeship Training in Austria: Evidence from Failed Firms

Fersterer, Josef; Pischke, Jörn-Steffen; Winter-Ebmer, … - C.E.P.R. Discussion Papers - 2007

Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...

Persistent link: https://www.econbiz.de/10005789124

Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2004

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up...

Persistent link: https://www.econbiz.de/10005789165

Lower and Upper Bounds of Returns to Schooling: An Exercise in IV estimation with Different Instruments

Ichino, Andrea; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1998

Several recent studies based on 'exogenous' sources of variation in education outcomes show Instrumental Variables (IV) estimates of returns to schooling that are substantially higher than the corresponding Ordinary Least Squares (OLS) estimates. Card (1995a) suggests that these results can be...

Persistent link: https://www.econbiz.de/10005792345

Carl Menger and Friedrich von Wieser on the role of knowledge and beliefs

Festré, Agnès - HAL - 2012

Persistent link: https://www.econbiz.de/10010820555

Knowledge and individual behaviour in the Austrian tradition of business cycles: von Mises vs. Hayek

Festré, Agnès - HAL - 2003

in Mises and Hayek's explanations of the different hases of the trade cycle, by underlying the role played by knowledge …

Persistent link: https://www.econbiz.de/10008790672

Macroeconomic analysis and individual economic rationality: some lessons from Wicksell to Schumpeter and von Mises

Arena, Richard; Festré, Agnès - HAL - 2005

The purpose of this contribution is to investigate the problem of the room attributed to individual economic rationality by circulation approaches. Our investigation will not privilege however the modern contributions of this approach but will instead utilize the works of some economists of the...

Persistent link: https://www.econbiz.de/10008790813

Introduction

Arena, Richard; Festré, Agnès - HAL - 2006

This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as … perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future … action are discussed.A platform for future research and investigation into the role of knowledge and beliefs in economics …

Persistent link: https://www.econbiz.de/10008791568