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Family Background Variables as Instruments for Education in Income Regressions: A Bayesian Analysis

Hoogerheide, Lennart; Block, Joern H.; Thurik, Roy - 2010

The validity of family background variables instrumenting education in income regressions has been much criticized. In … instruments in income regressions. …

Persistent link: https://www.econbiz.de/10010326044

Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

Persistent link: https://www.econbiz.de/10010325824

Changing Returns to Education in Portugal during the 1980s and Early 1990s: OLS and quantile regression estimators

Hartog, Joop; Pereira, Pedro T.; Vieira, José A.C. - 1999

This paper examines the evolution of the returns to education in Portugal over the 1980s andearly 1990s. The main findings indicate that the returns to education have increased,particularly after joining the European Union in 1986. Since this occurred along with anincrease in the level of...

Persistent link: https://www.econbiz.de/10010324728

Entrepreneurship Selection and Performance

van der Sluis, Justin; van Praag, Mirjam; Vijverberg, Wim - 2003

of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …

Persistent link: https://www.econbiz.de/10010324769

Education, Growth and Income Inequality

Teulings, Coen N.; van Rens, Thijs - 2002

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...

Persistent link: https://www.econbiz.de/10010324788

A New Approach to estimate the Wage Returns to Work-related Training

Leuven, Edwin; Oosterbeek, Hessel - 2002

This paper proposes a new approach to identify the wage effects of training.The idea is to narrow down the comparison group by only taking into consideration theworkers who wanted to participate in training but did not do so because of some randomevent. The point estimate of the return to...

Persistent link: https://www.econbiz.de/10010324889

Dual Track or Academic Route for Auditors

Jonker, Nicole; van Ophem, Hans; Hartog, Joop - 2002

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and … an important route for students from a lower socioeconomic background. …

Persistent link: https://www.econbiz.de/10010324997

Labor Market Prospects, Search Intensity and the Transition from College to Work

van der Klaauw, Bas; van Vuuren, Aico; Berkhout, Peter - 2004

In this paper we develop a structural model for job search behavior of students entering the labor market. The model … includes endogenous search effort and on-the-job search. Since students usually do not start a regular job before graduation …

Persistent link: https://www.econbiz.de/10010325516

The Impact of Trade Liberalization on the Return to Education in Vietnam: Wage versus Employment Effect

Oostendorp, Remco H.; Quang, Doan Hong - 2011

Several studies have identified the impact of trade liberalization in developing countries on the return to education within a Mincerian framework through a difference-in-difference estimator or with industry-level measures of trade openness. These studies have typically estimated the return to...

Persistent link: https://www.econbiz.de/10010325919

Earnings Risk and Demand for Higher Education

Hartog, Joop; Serrano, Luis Diaz - 2002

We develop a simple human capital model for optimum schooling length when earnings are stochastic, and highlight the pivotal role of risk attitudes and the schooling gradient of earnings risk. We use Spanish data to document the gradient and to estimate individual response to earnings risk in...

Persistent link: https://www.econbiz.de/10010325016