Showing 1 - 10 of 17
We use a credible regression discontinuity design to estimate causal education effects. Pupils in the Swiss education system had to pass a centrally organized exam that classified them into different levels of secondary school, and that ultimately determined their educational degree. A major...
Persistent link: https://www.econbiz.de/10010316061
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10010316064
This paper investigates whether economic returns to education in Norway differ across cohorts. Differences in returns to education may arise from selection effects - the large increase in educational attainment in postwar years may have changed selection into education. They may also result from...
Persistent link: https://www.econbiz.de/10011968072
/97 Eritrean Household Income and Expenditure Survey for urban areas. We estimate structural choice probabilities of being in the …
Persistent link: https://www.econbiz.de/10011968101
initially low-performing students. Because passing the exam is mandatory to obtain a high school diploma, this translates into … reduced high school graduation rates that remain significant over time, permanently shifting a group of marginal students to …
Persistent link: https://www.econbiz.de/10012145542
for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes … and social support. This paper presents a new methodology constructing income inequality indices from such tabular data …. Taking careful account of the definition of income and population and the availability of micro data starting in 1967, an …
Persistent link: https://www.econbiz.de/10011968617
on the relative importance of savings by lower, middle and upper income groups for single-child families and for all … households, this study also demonstrates that the savings decisions depend heavily on the level of household income. Single …
Persistent link: https://www.econbiz.de/10011967989
We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) making … possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the … world. The current benchmark version of the dataset presents estimates of monthly real consumption and income for every …
Persistent link: https://www.econbiz.de/10011483212
Life expectancy for Blacks is about 8 year shorter than for Whites. A shorter life expectancy, in line with the theoretical prediction of a simple model, determines a much lower amount of savings and wealth accumulation and therefore a lower degree of insurance. This, in turn, contributes to...
Persistent link: https://www.econbiz.de/10012625333
alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … on income and wealth to other administrative data with information on financial and real estate transactions. Using this … second is a study of the transmission of income shocks to household consumption. …
Persistent link: https://www.econbiz.de/10012801071