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We show that a calibrated dynamic skill accumulation model allowing for comparative advantages, can explain the weak (or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on compulsory schooling, ii) in the micro literature on estimating...
Persistent link: https://www.econbiz.de/10013117619
benefits from investing in education. The results suggest that the effect of an increase in parental income on educational … attainment is modest. For example, a 25 percent increase in parental income is predicted to increase post-secondary education … (PSE) attendance by one percent only. However, our results indicate that financial resources, other than parental income …
Persistent link: https://www.econbiz.de/10013085475
family background is closely related to educational attainment of white children of immigrants in both countries. Moreover … between children of immigrants and children of natives.Results from counterfactual simulations suggest that incentive …
Persistent link: https://www.econbiz.de/10013042964