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discounted values of these responses to permanent income. Our estimates imply that parents pass on between 2 and 3 cents out of …We examine how much of an extra dollar of parental lifetime resources will ultimately be passed on to adult children in … rates and age specific estimates of the response of transfers and wealth to permanent income to compute the expected present …
Persistent link: https://www.econbiz.de/10012468887
two separate occupation-based skill measures and find that these measures are associated with ASD incidence among children …
Persistent link: https://www.econbiz.de/10012510531
Uniform use in public schools is rising, but we know little about how they affect students. Using a unique dataset from …
Persistent link: https://www.econbiz.de/10012461321
The vast literature on human capital and earnings assumes that individuals know in advance that they will complete a particular program of schooling. This paper treats education as a sequential choice that is made under uncertainty. A simple two period structural model is used to explore the...
Persistent link: https://www.econbiz.de/10012475293
We extend the control function approach of Altonji and Mansfield (2018) to allow for multiple group levels and complementarities. Our analysis provides a foundation for causal interpretation of multilevel mixed effects models in the presence of sorting. In our empirical application, we obtain...
Persistent link: https://www.econbiz.de/10012480819
We estimate the labor market return to an MBA, a JD, and master's in engineering, nursing, education, psychology and social work, and thirteen other graduate degrees. To control for heterogeneity in preferences and ability, we use fixed effects for combinations of field-specific undergraduate...
Persistent link: https://www.econbiz.de/10012481916
Several previous studies have relied on religious affiliation and the proximity to Catholic schools as exogenous sources of variation for identifying the effect of Catholic schooling on a wide variety of outcomes. Using three separate approaches, we examine the validity of these instrumental...
Persistent link: https://www.econbiz.de/10012469347
stayers by luring the best students to other schools. This framework results in a simple formula showing that the "cream …-skimming" effect is increasing in the degree of heterogeneity within schools, the school choice takeup rate of strong students relative … to weak students, and the importance of peers. We use the formula to investigate the effects of a voucher program on the …
Persistent link: https://www.econbiz.de/10012462078
As the workforce has become more educated, educational decisions are no longer just about whether to acquire more, but rather what type of education to pursue. In college, individuals somewhat specialize through their choice of college major. Further specialization occurs in graduate school....
Persistent link: https://www.econbiz.de/10012457014
-effects controls, which is consistent with students choosing majors based on comparative advantage. We do not find statistically …
Persistent link: https://www.econbiz.de/10012455107