emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial … are more likely to invest in the stock market. However, little is known about whether this is a causal effect of education … or whether it arises from the correlation of education with unobserved characteristics. Using exogenous variation in …

Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and … educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ … significantly regarding both their education systems and labour market structure. We estimate augmented Mincerian wage equations …

In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use … especially returns to university education have fallen. If the focus is not on mean returns, but if we apply quartile regression …

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee …'s education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour …

countries have experienced smaller increases in earnings dispersion and in returns to education relative to the United States … that much of this is accounted for by increasing returns to education. …

The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope …

levels. Estimation can be performed by means of classic Maximum Likelihood methods. The model can easily be compared with a … education levels, education levels being themselves determined by an Ordered Probit model. We find small but significant values …