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, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …
Persistent link: https://www.econbiz.de/10013390948
, even though displacement episodes early in children's lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children's teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …
Persistent link: https://www.econbiz.de/10013414973
Persistent link: https://www.econbiz.de/10014289276
Persistent link: https://www.econbiz.de/10009378584
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can...
Persistent link: https://www.econbiz.de/10009156101
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 8 percentage points in the college premium. The standard demand and supply framework (Katz and Murphy, 1992, Card...
Persistent link: https://www.econbiz.de/10003817244
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10010510508
Persistent link: https://www.econbiz.de/10010531935
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance …
Persistent link: https://www.econbiz.de/10009688539
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10010505849