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We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10013129090
information intervention, gaps in intended college attendance by household income or parents' education persist but decline by 20 … evidence of larger biases among lower-income and non-college households. We also elicit respondents' intended likelihood of … their pre-college-age children attending college, and the likelihood of respondents recommending college for a friend …
Persistent link: https://www.econbiz.de/10013014939
We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage...
Persistent link: https://www.econbiz.de/10013155555
Persistent link: https://www.econbiz.de/10012818339
college attendance by household income or parents' education persist but decline by 20-30 percent. Notably, the effect of … among lower-income and non-college households. We also elicit respondents' intended likelihood of their pre-college age …
Persistent link: https://www.econbiz.de/10013012819
Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to...
Persistent link: https://www.econbiz.de/10012917104
Persistent link: https://www.econbiz.de/10013268907
In the Netherlands auditors can be trained in a part-time educational track in which students combine working and … an important route for students from lower socioeconomic background …
Persistent link: https://www.econbiz.de/10013320185
Persistent link: https://www.econbiz.de/10011718689
In the Netherlands auditors can be trained in a part-time educational track in which students combine working and … an important route for students from lower socioeconomic background. …
Persistent link: https://www.econbiz.de/10011415065