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This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...
Persistent link: https://www.econbiz.de/10002540578
We investigate the relative significance of differences in cognitive skills and discrimination in explaining racial/ethnic wage gaps. We show that cognitive test scores taken prior to entering the labor market are influenced by schooling. Adjusting the scores for racial/ethnic differences in...
Persistent link: https://www.econbiz.de/10002544087
forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of …
Persistent link: https://www.econbiz.de/10002529838
Much is known about private returns to education in the form of higher earnings. Less is known about social value, over and above the private, market value. Associations between education and socially-desirable outcomes are strong, but disentangling the effect of education from other causal...
Persistent link: https://www.econbiz.de/10003829714
We evaluate the labor-market returns to General Educational Development (GED) certification using state administrative data. We develop a fuzzy regression discontinuity (FRD) method to account for the fact that GED test takers can repeatedly retake the test until they pass it. Our technique can...
Persistent link: https://www.econbiz.de/10009575262
data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and …
Persistent link: https://www.econbiz.de/10009629658
positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on … subsequent earnings. We suggest that labor-market effects may be more imminent for students leaving school directly for the labor … that central exams are indeed associated with higher earnings for students from school types directly bound for the labor …
Persistent link: https://www.econbiz.de/10009629764
Lifelong learning is often promoted in ageing societies, but little is known about its returns or governments' ability to advance it. This paper evaluates the effects of a large-scale randomized field experiment issuing vouchers for adult education in Switzerland. We find no significant average...
Persistent link: https://www.econbiz.de/10009124700