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Risk Aversion and Human Capital Investment: A Structural Econometric Model
Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2006
. Assuming that students' attitudes toward risk can be represented by a CRRA utility, we show that the risk-aversion parameter …
Persistent link: https://www.econbiz.de/10005123629
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Earnings Inequality, Returns to Education and Immigration into Ireland
Barrett, Alan; Fitz Gerald, John; Nolan, Brian - C.E.P.R. Discussion Papers - 2000
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10005124097
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Does Speed Signal Ability? The Impact of Grade Repetitions on Employment and Wages
Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2008
the average school-leaving age of students holding the same certificate or degree. We use past school-opening instruments …, and distance-to-the-nearest-college, also measured in the past, when students were entering grade 6, to identify the …
Persistent link: https://www.econbiz.de/10005498114
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The Earnings Distribution and Returns to Education in Ireland, 1987-94
Barrett, Alan; Callan, Tim; Nolan, Brian - C.E.P.R. Discussion Papers - 1997
The increased supply of skilled labour and institutional factors have been advanced in an effort to explain why some countries have experienced smaller increases in earnings dispersion and in returns to education relative to the United States. Ireland’s supply of skilled labour has increased...
Persistent link: https://www.econbiz.de/10005791997