by years of education. Log-wages are regressed on a measure of education, which is a position on a scale of certificates … which log-wages are explained by two endogenous variables: the student's degree and the student's time to degree, not simply … parameters. We find a robust, significant and negative impact of the delay variable on wages, averaged over the first five years …

regional interpersonal income and educational inequality, also influence wages and education in different ways across welfare … microeconomic data for more than 100,000 European individuals, the results show that welfare regimes make a difference for wages and … education. First, people- and household-based effects (internal returns to education and household wage and education …

We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial … also shows that wages in finance were excessively high around 1930 and from the mid 1990s until 2006. For the recent period …

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 …

performance is nonlinear. The evidence supports the idea that progressive education promotes social capital. …

percent for males and females, respectively. In addition, we find that the effect of education on crime persists across birth …

parents to their children’s education. We construct a composite birth order index that effectively purges family size from … they are not, and that the shares are decreasing with birth order. Controlling for parental education, parental age at … birth and family level attributes, we find that children from larger families have lower levels of education, that there is …

We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility …, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We … wages from the end of statutory schooling. We use the model to evaluate the life-cycle return to apprenticeship training and …

achievements are wasted as children fail to build upon their parents’ achievements. Policies affecting the education system and the …

unemployment rates. It may be the case that this locus is steep enough to generate increasing returns to education. This may lead … to multiple equilibria: a high-education equilibrium may coexist with a low-education equilibrium. In the former, the … Pareto-ranked, but the latter is preferred to the former by workers, while `savers' prefer the high-education equilibrium. …