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the results of the first systematic study of the wage expectations of European college students. Our data are based on the … replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage …-specific micro-data. In line with U.S. studies we find that students overestimate returns to education. …
Persistent link: https://www.econbiz.de/10010294525
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10010294523
In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. These falling returns are not caused by changes in the sample design and reduced willingness to...
Persistent link: https://www.econbiz.de/10010262293
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10010262347
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. There is a lot of heterogeneity in the types of apprenticeships offered, and there might be an important element of selection in who obtains an apprenticeship, and what type. To...
Persistent link: https://www.econbiz.de/10010294032
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...
Persistent link: https://www.econbiz.de/10010294568
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. There is a lot of heterogeneity in the types of apprenticeships offered, and there might be an important element of selection in who obtains an apprenticeship, and what type. To...
Persistent link: https://www.econbiz.de/10010268368
students' academic outcomes. We used PISA 2000 data to estimate peer effects for 15 and 16 year old students. The estimations …, quantile regressions suggest peer effects to be asymmetric in favor of low-ability students, meaning that students with lower …
Persistent link: https://www.econbiz.de/10010293753
students’ academic outcomes. We used PISA 2000 data to estimate peer effects for 15 and 16 year old students. The estimations …, quantile regressions suggest peer effects to be asymmetric in favor of low-ability students, meaning that students with lower …
Persistent link: https://www.econbiz.de/10010294535
In this paper we investigate earnings mobility in Austria from the angle of individual persons: earnings mobility over time has two aspects: positional changes and the volatility of earnings over time. Whereas the further is a positive outcome, more volatility as such can be seen as negative. We...
Persistent link: https://www.econbiz.de/10010294551