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This paper presents the first analysis for Arkansas using 2024 CPS data to examine education's impact on earnings and returns to investment. Average returns are 7.7%, higher for women (9%). University education yields even more: 8.8% overall, 8.1% for men, and 10.8% for women. With full...
Persistent link: https://www.econbiz.de/10015413372
The evidence underscores the need to shift attention from school attainment to actual learning. While the average global return to an additional year of schooling is about 10 percent, a one standard deviation increase in test scores raises earnings by 15 percent. Studies show that including...
Persistent link: https://www.econbiz.de/10015407905
The Mincer equation-arguably the most widely used in empirical work-can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employment earnings as a function of schooling and labor market experience. The Mincer...
Persistent link: https://www.econbiz.de/10011507219
This paper presents the first analysis for Arkansas using 2024 CPS data to examine education's impact on earnings and returns to investment. Average returns are 7.7%, higher for women (9%). University education yields even more: 8.8% overall, 8.1% for men, and 10.8% for women. With full...
Persistent link: https://www.econbiz.de/10015416187
Longitudinal Survey of Youths which we follow from 16 to 28. We discuss the evolution of family income and ability effects where … component correlated with family income and background variables. We find that the individual cognitive-technical ability … differential prevailing at 16 was increasing with income in the early 80's but much less so in the early 2000's. We find no …
Persistent link: https://www.econbiz.de/10014083051
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Persistent link: https://www.econbiz.de/10013264562
Carbon pricing is increasingly used by governments to reduce emissions. The effect of carbon pricing on economic outcomes as well as mitigating factors has been studied extensively since the early 1990s. One mitigating factor that has received less attention is education quality. If...
Persistent link: https://www.econbiz.de/10012648540
Carbon pricing is increasingly used by governments to reduce emissions. The effect of carbon pricing on economic outcomes as well as mitigating factors has been studied extensively since the early 1990s. One mitigating factor that has received less attention is education quality. If...
Persistent link: https://www.econbiz.de/10012651427
Persistent link: https://www.econbiz.de/10013355190