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This paper investigates how exposure to higher-achieving male and female peers in university affects students’ major … choices and labor market outcomes. For identification of causal effects, we exploit the random assignment of students to …
Persistent link: https://www.econbiz.de/10012520209
Persistent link: https://www.econbiz.de/10013375218
achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …
Persistent link: https://www.econbiz.de/10012943436
achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …
Persistent link: https://www.econbiz.de/10011752330
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/10011411833
In this paper, we formulate and estimate a structural model of post-schooling training that explicitly allows for possible complementarity between initial schooling levels and returns to training. Precisely, the wage outcome equation depends on accumulated schooling and on the incidence of...
Persistent link: https://www.econbiz.de/10003784398
Persistent link: https://www.econbiz.de/10003586677
Persistent link: https://www.econbiz.de/10003569980
We investigate if, and under which conditions, the distinction between dictatorial and incentive-based policy interventions affects the capacity of Instrument Variable (IV) methods to estimate the relevant treatment effect parameter of an outcome equation. The analysis is set in a non-trivial...
Persistent link: https://www.econbiz.de/10003944633
Persistent link: https://www.econbiz.de/10009552186