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Mincer Equation, Power Law of Learning, and Efficient Education Policy

Richter, Wolfram F. - 2013

The basis for the empirical research on earnings determination is the Mincer equation. Individuals are assumed to make schooling decisions by maximizing earnings. Leisure costs of schooling and labour supply are neglected which has some empirically implausible implications. This paper shows a...

Persistent link: https://www.econbiz.de/10013084667

The Effects of School Libraries on Language Skills : Evidence from a Randomized Controlled Trial in India

Borkum, Evan - 2013

students' scores on a language skills test administered after 16 months. The estimates are sufficiently precise to rule out …

Persistent link: https://www.econbiz.de/10013085045

On Aggregating Human Capital across Heterogeneous Cohorts

Growiec, Jakub - 2013

Based on a general framework for computing the aggregate human capital stock under heterogeneity across population cohorts, the paper derives aggregate human capital stocks in the whole population and in the labor force, and relates these variables to average years of schooling and average work...

Persistent link: https://www.econbiz.de/10013087490

Estimating Returns to Education When the IV Sample is Selective

Wang, Le - 2013

parents are present in the same household. The IV estimates based on these selective sub-samples may be inconsistent, even … particularly worrisome, suggesting that the previous IV results are robust. In particular, using China Household Income Project …

Persistent link: https://www.econbiz.de/10013088666

The Returns to Language Skills in the US Labor Market

Isphording, Ingo E. - 2013

This paper uses data from the 2010 American Community Survey (ACS) to study the returns to language skills of child and adult migrants in the US labor market. We employ an instrumental variable strategy, which exploits differences in language acquisition profiles between immigrants from English-...

Persistent link: https://www.econbiz.de/10013089283

Do (Some) University Endowments Earn Alpha?

Barber, Brad M. - 2013

We analyze the returns earned by US educational endowments using style attribution models. For the average endowment, models with only public stock and bond benchmarks explain virtually all of the time-series variation in returns, yield no alpha, and generate sensible factor loadings. Elite...

Persistent link: https://www.econbiz.de/10013091981

Matching Mechanisms and Matching Quality : Evidence from a Top School in China

Wu, Binzhen - 2013

-exam submission asks students to submit college preferences before entrance exam scores are known, whereas post-score (post … top-ranked Chinese college with identification based on temporal and provincial changes. We find that although students … admitted under the pre-exam BOS mechanism have lower college entrance exam scores than students admitted through other …

Persistent link: https://www.econbiz.de/10013092566

Skill prices and compositional effects on the declining wage inequality in Latin America : evidence from Brazil

Hinojosa, Paul Garcia - In: Revista brasileira de economia : RBE ; publicação de … 75 (2021) 2, pp. 193-244

Persistent link: https://www.econbiz.de/10013093145

Does Attending Elite Colleges Pay in China?

Hongbin, Li - 2013

larger for female students and students with better-educated fathers. We also find that the human capital and experiences …

Persistent link: https://www.econbiz.de/10013093415

The Role of Education in Economic Growth : Theory, History, and Current Returns

Breton, Theodore R. - 2014

The paper examines the role of education in economic growth from both a theoretical and historic perspective, addresses why education has been the limiting factor determining growth historically, provides estimates of the quantitative importance of the direct and indirect effects of education on...

Persistent link: https://www.econbiz.de/10013064963