Showing 1 - 9 of 9
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
Persistent link: https://www.econbiz.de/10012481141
This paper develops a model of crime in which human capital increases the opportunity cost of crime from foregone work and expected costs associated with incarceration. Older, more intelligent, and more educated adults should commit fewer street (unskilled) crimes. White collar crimes decline...
Persistent link: https://www.econbiz.de/10012468215
throughout their lives, parents' initial skills and skill growth rates are equally important determinants of children's skills … lower for children born to younger fathers … transmission of these factors explains up to 40% of children's skill variation. Skills become a more important determinant of …
Persistent link: https://www.econbiz.de/10012482360
The dramatic expansion of the education system and the transformation of the economy in China provide an opportunity to investigate how the labor market rewards skills. Between 2007 and 2018, the overall return to cognitive skills is virtually constant at 10%, whereas the college premium drops...
Persistent link: https://www.econbiz.de/10014322755
We consider a general framework to study the evolution of wage and earnings residuals that incorporates features highlighted by two influential but distinct literatures in economics: (i) unobserved skills with changing non-linear pricing functions and (ii) idiosyncratic shocks with both...
Persistent link: https://www.econbiz.de/10012458596
achievement tests, we map achievement onto a common (PISA) scale. We then estimate the share of children not achieving basic …
Persistent link: https://www.econbiz.de/10013435128
This paper presents economic models of child development that capture the essence of recent findings from the empirical literature on skill formation. The goal of this essay is to provide a theoretical framework for interpreting the evidence from a vast empirical literature, for guiding the next...
Persistent link: https://www.econbiz.de/10012467352
developing and persistent gaps in child achievement by family income and the importance of adolescent skill levels for … family income, we study four leading mechanisms thought to explain these gaps: an intergenerational correlation in ability, a … mechanisms influence family investments in children, we evaluate the extent to which these mechanisms also explain other …
Persistent link: https://www.econbiz.de/10012457645