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Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach

Jones, Garett; Schneider, W. Joel - EconWPA - 2005

Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...

Persistent link: https://www.econbiz.de/10005407739

The Role of Endogenous Skill Choice in an Aging Economy

Jaag, Christian - EconWPA - 2005

This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...

Persistent link: https://www.econbiz.de/10005408449

Neighbourhood effects in small neighbourhoods

Overman, Henry G. - London School of Economics (LSE) - 2000

This paper uses data on a sample of Australian teenagers to test for neighbourhood effects on school dropout rates. The data allows us to test for neighbourhood effects at two different spatial scales. We find that educational composition of the larger neighbourhood can influence the dropout...

Persistent link: https://www.econbiz.de/10010745534

Social housing, neighborhood quality and student performance

Weinhardt, Felix - London School of Economics (LSE) - 2014

Children who grow up in deprived neighborhoods underperform at school and later in life but whether there is a causal link remains contested. This study estimates the short-term effect of very deprived neighborhoods, characterized by a high density of social housing, on the educational...

Persistent link: https://www.econbiz.de/10011126243

How risky is college investment?

Hendricks, Lutz; Leukhina, Oksana - Center for Financial Studies - 2015

develop a quantitative model of college choice. The innovation is to model in detail how students progress towards a college …

Persistent link: https://www.econbiz.de/10011161244

Returns to Education, Child Labor, & Schooling in India

Chamarbagwala, Rubiana - EconWPA - 2004

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...

Persistent link: https://www.econbiz.de/10005556051

What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...

Persistent link: https://www.econbiz.de/10005556770

The return to college: Selection and dropout risk

Hendricks, Lutz; Leukhina, Oksana - Center for Financial Studies - 2014

This paper studies the effect of graduating from college on lifetime earnings. We develop a quantitative model of college choice with uncertain graduation. Departing from much of the literature, we model in detail how students progress through college. This allows us to parameterize the model...

Persistent link: https://www.econbiz.de/10010961637

Education and health knowledge: evidence from UK compulsory schooling reforms

Johnston, David W.; Lordan, Grace; Shields, Michael A.; … - London School of Economics (LSE) - 2014

We investigate if there is a causal link between education and health knowledge using data from the 1984/85 and 1991 … of health knowledge. For causal identification we use increases in the UK minimum school leaving age in 1947 (from 14 to … education significantly increases health knowledge, with a one-year increase in schooling increasing the health knowledge index …

Persistent link: https://www.econbiz.de/10011126452

Growth challenges for the business services industry - international comparison and policy issues

Kox, Henk L.M. - EconWPA - 2003

national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …

Persistent link: https://www.econbiz.de/10005134465