Showing 1 - 5 of 5
In this paper, we review the extant mathematical and environmental economics literatures on the stochastic properties of CO2 emission allowance futures prices. We explain the main findings arising from this literature from both continuous- and jump-diffusion models. Based on the Activity...
Persistent link: https://www.econbiz.de/10010891126
We study the relationship between education and fertility, exploiting compulsory schooling reforms in Europe as source … of exogenous variation in education. Using data from 8 European countries, we assess the causal effect of education on … the number of biological kids and the incidence of childlessness. We find that more education causes a substantial …
Persistent link: https://www.econbiz.de/10009324255
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … we consider the entire history of behaviors. We use an empirical approach that addresses the endogeneity of education and … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education …
Persistent link: https://www.econbiz.de/10009385763
insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show … within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10005789165
This study deals with educational production in Austria and is focused on the potential impact of schoolmates on students’ academic outcomes. We used PISA 2000 data to estimate peer effects for 15 and 16 year old students. The estimations yield substantial positive effects of the peer...
Persistent link: https://www.econbiz.de/10005792354