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We argue that once we take into account the students’ rational enrollment decisions, mismatch in the sense that the … student’s choice of school. This necessary condition for mismatch provides the basis for a new test. The test is implemented … information that is a statistically significant predictor of students’ post-enrollment academic performance. Further, this private …
Persistent link: https://www.econbiz.de/10011756332
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces Qualification Tests scores), and unobserved heterogeneity,...
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