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Using data for the 1990s, this Paper examines the role of sheepskin effects in the returns to education for Japan. Our estimations indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effects are only important for workers in small...
Persistent link: https://www.econbiz.de/10005656206
We use a new sample of UK female identical twins to estimate private economic returns to education. We report findings in three areas. First, we use identical twins, to control for family effects and genetic ability bias, and the education reported by the other twin to control for schooling...
Persistent link: https://www.econbiz.de/10005662039
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
This Paper examines the education literature through the lens of sorting. It argues that how individuals sort across …. It discusses the implications of different education finance systems for sorting and analyses the efficiency and welfare …
Persistent link: https://www.econbiz.de/10005123607
the range of 10-15%. We find no return to compulsory schooling in Germany in terms of higher wages. We investigate whether …
Persistent link: https://www.econbiz.de/10005666619
Several recent studies based on 'exogenous' sources of variation in education outcomes show Instrumental Variables (IV) estimates of returns to schooling that are substantially higher than the corresponding Ordinary Least Squares (OLS) estimates. Card (1995a) suggests that these results can be...
Persistent link: https://www.econbiz.de/10005792345
vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher … wages. In some countries where labour markets are characterized by employment growth, skill shortages and a good match … case in point. Little attention has been given to examining the success of vocational education in raising the wages of …
Persistent link: https://www.econbiz.de/10005123991
An important component of the long-run cost of a war is the loss of human capital, suffered by children of schooling age who receive less education because of the war. This paper shows that in the European countries involved in World War II, children who were ten years old during the conflict...
Persistent link: https://www.econbiz.de/10005124013
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new …
Persistent link: https://www.econbiz.de/10005666520
Using micro data on women in the Czech Republic, we compare returns to various measures of human capital at the end of communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to education from 1989 to 1996 but no change from 1996 to 2002;...
Persistent link: https://www.econbiz.de/10005666862