Showing 1 - 10 of 194
The distribution of job satisfaction widened across cohorts of young men in the United States between 1978 and 1988, and between 1978 and 1996, in ways correlated with changing wage inequality. Satisfaction among workers in upper earnings quantiles rose relative to that of workers in lower...
Persistent link: https://www.econbiz.de/10012471452
What was the return to education in the United States at mid-century? In 1940, the correlation between years of … return to education to recent studies implemented similarly. We find that the return to education was relatively low in 1940 …, with each additional year of schooling increasing labor earnings by approximately 4%. Returns to education were evident …
Persistent link: https://www.econbiz.de/10012480351
Many economists and educators of diverse political beliefs favor public support for education on the premise that a … between education and voting for the US, but not for the UK. Using the information on validated voting, we find that …
Persistent link: https://www.econbiz.de/10012469116
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling …
Persistent link: https://www.econbiz.de/10012456384
period from 1959 to 1995. Estimates based on a version of the model with two education groups high school equivalent and … (around 5) while the elasticity of substitution between the two education groups is about 2.5. We also examine data for the … supplies in interpreting movements in education-related wage differentials …
Persistent link: https://www.econbiz.de/10012471112
A long-standing issue in the literature on education is whether marginal returns to education fall as education rises … education fall as a greater fraction of the population enrolls. This paper proposes a nonparametric method of estimating … marginal treatment effects in heterogeneous populations, and applies it to this question, examining returns to higher education …
Persistent link: https://www.econbiz.de/10012465112
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education …, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered …
Persistent link: https://www.econbiz.de/10012469564
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10012469883
This paper examines the long-term effects of early test scores using data from the British National Child Development Survey. We show that test scores measured as early as age 7 have significant effects on future educational and labor market outcomes. For example, men and women in the lowest...
Persistent link: https://www.econbiz.de/10012471864
provide low-quality education. In this paper I examine this claim using a 1947 reform that increased the minimum school …, among other things, large classes and a curriculum that promoted practical education. I conclude that my findings shed new …
Persistent link: https://www.econbiz.de/10013334393