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Are Austrian Returns to Education Falling Over Time?

Fersterer, Josef; Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 1999

In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. These falling returns are not caused by changes in the sample design and reduced willingness to...

Persistent link: https://www.econbiz.de/10005822824

Absolute Risk Aversion and the Returns to Education

Brunello, Giorgio - Institute for the Study of Labor (IZA) - 2000

Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household … income, is used as an instrument for attained education in a standard log earnings equation. I find that, in line with the …

Persistent link: https://www.econbiz.de/10005761664

Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries

Pereira, Pedro Telhado; Martins, Pedro Silva - Institute for the Study of Labor (IZA) - 2000

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...

Persistent link: https://www.econbiz.de/10005763843

Is there a Return-Risk Link in Education?

Pereira, Pedro Telhado; Martins, Pedro Silva - Institute for the Study of Labor (IZA) - 2001

Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...

Persistent link: https://www.econbiz.de/10005566756

Smoking, Discount Rates, and Returns to Education

Fersterer, Josef; Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 2000

Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...

Persistent link: https://www.econbiz.de/10005700985

The Wage Expectations of European College Students

Brunello, Giorgio; Lucifora, Claudio; Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 2001

the results of the first systematic study of the wage expectations of European college students. Our data are based on the … replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage …-specific micro-data. In line with U.S. studies we find that students overestimate returns to education. …

Persistent link: https://www.econbiz.de/10005703334

Why Is There No Income Gap Between the Hui Muslim Minority and the Han Majority in Rural Ningxia, China?

Gustafsson, Björn Anders; Sai, Ding - Institute for the Study of Labor (IZA) - 2014

. Yet there is no gap in average disposable income between the two ethnic groups and poverty rates are very similar. This … paradox is due to members of Hui households earning more income outside the farm than members of Han households. Particularly … young male Hui living in poor villages have a remarkably high likelihood of migrating, thereby bringing home income to their …

Persistent link: https://www.econbiz.de/10010884335

Acculturation Identity and Labor Market Outcomes

Nekby, Lena; Rödin, Magnus - Institute for the Study of Labor (IZA) - 2007

This paper explores the identity formation of a cohort of students with immigrant backgrounds in Sweden and the …

Persistent link: https://www.econbiz.de/10005761949

Villages where China’s Ethnic Minorities Live

Gustafsson, Bjorn; Sai, Ding - Institute for the Study of Labor (IZA) - 2006

north- and particularly the southwest. Low village income results in long-distance migration for many ethnic minorities, but …

Persistent link: https://www.econbiz.de/10005233816