Showing 1 - 10 of 73
This paper uses a relatively new approach to investigate the effect of parents' schooling on child's schooling; a … of increasing parents' schooling from a high school degree to a bachelor's degree. Both for the effect of mother …
Persistent link: https://www.econbiz.de/10010325931
treatment and relation with parents, do not predict within-twin pair differences in schooling, lending additional credibility to …
Persistent link: https://www.econbiz.de/10010325854
This paper shows how a firm can use non-targeted advertising to exploit consumers' desire for social status. A monopolist sells multiple varieties of a good to consumers who each care about what others believe about his wealth. Advertising allows consumers both to buy different varieties and to...
Persistent link: https://www.econbiz.de/10010325736
We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10010325395
measure ‘income’). This is the case even when estimating individual fixed effects of the differential returns to education for …/or whether we use instrumental variables to cope with the endogenous nature of education in income equations. Finally, we find …
Persistent link: https://www.econbiz.de/10010325994
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
We use the method of Dominitz and Manski (1996) to solicit anticipated wagedistributions for continuing to a Master degree or going to work after completing theBachelor degree. The means of the distributions have an effect on intention to continue aspredicted by theory. The dispersions in these...
Persistent link: https://www.econbiz.de/10010325861
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10010325796
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
This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data from the British National Child Development Study...
Persistent link: https://www.econbiz.de/10010325582