Showing 1 - 10 of 21
income. Linking individuals to their parents, we also investigate the intergenerational transmission of income dynamics. We … find that children of high-income, highwealth fathers enjoy steeper income growth over the life cycle and face more …-risk careers. Income growth for children of poorer fathers is more gradual and more left skewed, displaying higher left tail risk …
Persistent link: https://www.econbiz.de/10014306319
We examine college students’ interaction within classrooms and estimate peer effects on their academic performance. We … identification strategy based on students’ repeated interaction. Our findings show that a student’s performance in a class is …- acteristics. Also quantile regressions reveal that peer effects are significant among below-average students and among those at …
Persistent link: https://www.econbiz.de/10011801501
This paper identifies the effect of neighborhood peer groups on childhood skill acquisition using observational data. We incorporate spatial peer interaction, defined as a child’s nearest geographical neighbors, into a production function of child cognitive development in Andhra Pradesh,...
Persistent link: https://www.econbiz.de/10011757133
small-scale survey data to examine sorting among parents of school-age children in Naples. We show that homogamy is … relates to various "outcomes" of the post-matching relationship. Children of parents with a high human capital endowment …
Persistent link: https://www.econbiz.de/10015053877
Differences in college enrollment between poor and rich are striking in Latin America. Explanations such as differences in college preparedness and credit constraints have been advanced. An alternative explanation could be differences in information sets between poor and rich, for example, about...
Persistent link: https://www.econbiz.de/10011757317
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces Qualification Tests scores), and unobserved heterogeneity,...
Persistent link: https://www.econbiz.de/10011801771
This paper develops a dynamic model of schooling and occupational choices that incorporates personality traits, as measured by the "big five" traits. The model is estimated using the HILDA dataset from Australia. Personality traits are found to play an important role in explaining education and...
Persistent link: https://www.econbiz.de/10012202247
Idiosyncratic labor incomes are typically modeled either by stochastic processes with heterogeneous income profiles … (HIPs) or restricted income profiles (RIPs). The HIP assumes that individual labor income grows deterministically at an … unobserved rate and contains a persistent but stationary component, while the RIP assumes that income contains a random walk, a …
Persistent link: https://www.econbiz.de/10011756817
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … of persistent and transitory components in the dynamic process for income. We fo- cus on what can be learned from … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …
Persistent link: https://www.econbiz.de/10011756856
We document facts about earnings and disposable income inequality and growth in Denmark in the period 1987-2016. During … excess kurtosis. Denmark has a progressive income tax system with a high level of taxes and a relatively generous and heavily … subsidized unemployment insurance system. Consequently, the dispersion of log disposable income growth is much smaller than for …
Persistent link: https://www.econbiz.de/10014306276