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comparative advantages in math of parents are significantly linked to those of their children. A causal interpretation follows … quality. Finally, we show the strong influence of family skill transmission on children's choices of STEM fields …
Persistent link: https://www.econbiz.de/10014250203
interventions. We show that even a modest transfer of family income to families at ages 5-6 would substantially increase children …We develop a new estimator for the process of children's skill formation in which children's skills endogenously … United States, we estimate the technology of skill formation, the process of parental investments in children, and the adult …
Persistent link: https://www.econbiz.de/10012456235
Returns to education are traditionally estimated in a Mincer wage equation from the variation in schooling for a cross-section of individuals of different ages. Because individuals receive education at different time periods, when the quality of their education may not be identical, this method...
Persistent link: https://www.econbiz.de/10012465997
This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts. First, human capital explains at least one-third of the variation in labor earnings within countries and at least half of the variation across countries. Second, human capital...
Persistent link: https://www.econbiz.de/10013334368
correlations exist even for those preschool children who spend no time in day care, which implies that it cannot be due solely to …
Persistent link: https://www.econbiz.de/10012464637
-random distribution of teachers and students among classrooms within schools. We find compelling evidence that teacher credentials affect … distribution of teacher credentials by race and socio-economic status of high school students -- a pattern we also document …
Persistent link: https://www.econbiz.de/10012465022
students' lifetime income by more than $250,000 for the average class- room in our sample. We conclude that good teachers …Are teachers' impacts on students' test scores ("value-added") a good measure of their quality? This question has …' impacts on student achievement and (2) whether high-VA teachers improve students' long-term outcomes. We address these two …
Persistent link: https://www.econbiz.de/10012460958
In a two-period model with agent heterogeneity we analyze a pension reform toward a stronger link between contributions and benefits (as recently observed in several countries) in a pension system with a Bismarckian and a Beveridgian component. We show that such a policy change reduces the...
Persistent link: https://www.econbiz.de/10003582031
Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...
Persistent link: https://www.econbiz.de/10012462051
This paper examines the impacts of work experience acquired while youth were in high school (and college) on young men's wage rates during the 1980s and 1990s. Previous studies have found evidence of sizeable and persistent rates of return to working while enrolled in school, especially high...
Persistent link: https://www.econbiz.de/10012471494