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This paper uses a unique data set with nearly career-long earnings histories to provide evidence on the returns to schooling in current and lifetime earnings. We use these results to assess the importance of life-cycle bias in earnings regressions using current earnings as a proxy for lifetime...
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Das Projekt erarbeitete eine Bestandsaufnahme und kritische Diskussion gängiger Bildungsindikatoren im internationalen Vergleich aus interdisziplinärer und bildungsökonomischer Sicht. Im Fokus standen OECD-Indikatoren zu Bildungsabschlüssen, zu Schüler- und Erwachsenenkompetenzen (PISA,...
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internal rate of return of around 10 percent, after taking into account income taxes and earnings-related pension entitlements …
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The paper investigates determinants of formal and non-formal continuous vocational training and its income effects … on income are rather small or equal to zero with the self-employed and rather high among employed workers, both in the … group of trainees and non-trainees. Non-formal training has a non-zero effect on income as well. The determinants of income …
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