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Dynamic Skill Accumulation, Comparative Advantages, Compulsory Schooling, and Earnings

Belzil, Christian - 2011

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

Incentives and Services for College Achievement : Evidence from a Randomized Trial

Angrist, Joshua D.; Lang, Daniel; Oreopoulos, Philip - 2021

Many North American college students have trouble satisfying degree requirements in a timely manner. This paper reports … treatment group combined both interventions. Service take-up rates were much higher for women than for men and for students …

Persistent link: https://www.econbiz.de/10013316744

A Structural Analysis of the Correlated Random Coefficient Wage Regression Model with an Application to the Ols-Iv Puzzle

Belzil, Christian; Hansen, Jorgen - 2021

We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set within a correlated random coefficient model and we use the structural estimates to perform counterfactual experiments. We show that the estimates of the dynamic...

Persistent link: https://www.econbiz.de/10013318534

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jorgen - 2021

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10013320490

General Education, Vocational Education, and Labor-Market Outcomes Over the Life-Cycle

Hanushek, Eric A. - 2011

Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...

Persistent link: https://www.econbiz.de/10013118533

School Competition and Students' Entrepreneurial Intentions : International Evidence Using Historical Catholic Roots of Private Schooling

Falck, Oliver - 2010

shares, students' academic skills, and parents' entrepreneurial occupation … effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state … instrumental-variable results suggest that a 10 percentage-point higher private-school share raises students' entrepreneurial …

Persistent link: https://www.econbiz.de/10013141425

Culture and Student Achievement : The Intertwined Roles of Patience and Risk-Taking

Hanushek, Eric A. - 2020

addressing unobserved residence-country features, we find similar results when assigning migrant students their country …

Persistent link: https://www.econbiz.de/10012828604

Can Risk Aversion Explain Schooling Attainments? Evidence from Italy

Belzil, Christian; Leonardi, Marco - 2021

Using unique Italian panel data, in which individual differences in behavior toward risk are measured from answers to a lottery question, we investigate if (and to what extent) risk aversion can explain differences in schooling attainments. We formulate the schooling decision process as a...

Persistent link: https://www.econbiz.de/10013317593