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Human Capital Investment Strategies in Europe
Pfeiffer, Friedhelm - 2011
individuals during childhood. Furthermore, high levels of life cycle income inequality and a high skill level increase the optimal …
Persistent link: https://www.econbiz.de/10013124628
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Fiscal and Individual Rates of Return to University Education with and without Graduation
Pfeiffer, Friedhelm - 2020
internal rate of return (IRR) of 14.2% for gross earnings, 7.4% for disposable income, and 6.6% for the net fiscal contribution … found to have negative IRRs: -0.5% for gross earnings and -5.9% for both disposable income and the net fiscal contribution … per student, and the level of income tax payments …
Persistent link: https://www.econbiz.de/10012837556
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Age-Dependent Skill Formation and Returns to Education
Pfeiffer, Friedhelm; Reuß, Karsten - 2008
In this study, we try to connect the economic literature on human capital formation with findings from neurobiology and psychology on early childhood development and self-regulation. Our basic framework for assessing the distribution of agespecific returns to investment in skills is an...
Persistent link: https://www.econbiz.de/10014052084
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Returns to Education and Individual Heterogeneity
Maier, Michael F.; Pfeiffer, Friedhelm; Pohlmeier, Winfried - 2008
In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...
Persistent link: https://www.econbiz.de/10014071301