This paper describes and analyzes different financial schemes to promote lifelong learning. Considered are financial instruments to stimulate successful early learning, financial aid schemes and subsidization mechanisms. Theoretical analyses about funding of early learning have mainly focused on...

This paper describes and analyzes different financial schemes to promote lifelong learning. Considered are financial instruments to stimulate successful early learning, financial aid schemes and subsidization mechanisms. Theoretical analyses about funding of early learning have mainly focused on...

This paper finds that returns to computer use do not vary with the intensity of computer use. This is evidence against the productivity interpretation of these returns and supports the view that returns to computer use can be attributed tounobserved heterogeneity.

Theory points to a potential trade-off between two main school assignment mechanisms; Boston and Deferred Acceptance (DA). While DA is strategy-proof and gives a stable matching, Boston might outperform DA in terms of ex-ante efficiency. We quantify the (dis)advantages of the mechanisms by using...

This paper analyzes the determinants of choosing a technical study at university level and of persistence in it. We find that - in the Netherlands - there is a low correlation between the probability of a student choosing a technical study and the probability of persistence in it. This implies...

This paper explores the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries we find that about one third of the variation in relative wages between skill groups across countries is...

This paper finds that returns to computer use do not vary with the intensity of computer use. This is evidence against the productivity interpretation of these returns and supports the view that returns to computer use can be attributed tounobserved heterogeneity.

We explore the effect of schooling on health, wealth and happiness for a cohort of Dutch individuals born around 1940. We also use observations on childhood IQ and family background. The most fortunate group is the group with a non-vocational intermediate level education: they score highest on...

Standard economic theory predicts that firms will not invest in general training and will underinvest in specific training. Empirical evidence, however, indicates that firms do invest in general training of their workers. Evidence from laboratory experiments points to less underinvestment in...