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Risk Aversion and Human Capital Investment: A Structural Econometric Model
Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2006
can be identified in a natural way, using the variation in school-leaving ages, conditional on certified educational … levels. Estimation can be performed by means of classic Maximum Likelihood methods. The model can easily be compared with a …
Persistent link: https://www.econbiz.de/10005123629
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Mozart or Pelé? The effects of teenagers’ participation in music and sports
Cabane, Charlotte; Hille, Adrian; Lechner, Michael - C.E.P.R. Discussion Papers - 2015
an extensive robustness analysis including instru-mental variable estimation and a formal sensitivity analysis of the …
Persistent link: https://www.econbiz.de/10011272715
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The Impact of Financial Education for Youth in Ghana
Berry, James; Karlan, Dean S.; Pradhan, Menno - C.E.P.R. Discussion Papers - 2015
We evaluate, using a randomized trial, two school-based financial literacy education programs in government-run primary … offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked …, mostly because children moved savings from home to school. We observed few other impacts. We do find that financial education …
Persistent link: https://www.econbiz.de/10011249377
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Is teenage motherhood contagious? Evidence from a Natural Experiment
Monstad, Karin; Propper, Carol; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2011
There is relatively little research on peer effects in teenage motherhood despite the fact that peer effects, and in particular social interaction within the family, is likely to be important. We estimate the impact of an elder sister’s teenage fertility on the teenage childbearing of their...
Persistent link: https://www.econbiz.de/10009209828
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Sports and Child Development
Felfe, Christina; Lechner, Michael; Steinmayr, Andreas - C.E.P.R. Discussion Papers - 2011
-curricular activities, on children’s skill development. Our results indicate positive effects: school performance improves by 0.20 standard … as well as alternative estimation and identification strategies. The effects can be partially explained by increased …
Persistent link: https://www.econbiz.de/10009246603
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Life Expectancy and Schooling: New Insights from Cross-Country Data
Hazan, Moshe - C.E.P.R. Discussion Papers - 2011
I argue that distinguishing between life expectancy at birth and life expectancy beyond the crucial early childhood years affects the relationship between life expectancy and schooling in a meaningful way. In particular, I show that while the change in life expectancy at birth between 1960 and...
Persistent link: https://www.econbiz.de/10009246607
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Skill-Biased Technological Change and the Business Cycle
Balleer, Almut; van Rens, Thijs - C.E.P.R. Discussion Papers - 2011
Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....
Persistent link: https://www.econbiz.de/10009643505
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Gender Differences in Risk Aversion: Do Single-Sex Environments Affect their Development?
Booth, Alison L; Cardona Sosa, Lina; Nolen, Patrick - C.E.P.R. Discussion Papers - 2011
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates....
Persistent link: https://www.econbiz.de/10009365004
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Immigration and the School System
Albornoz-Crespo, Facundo; Cabrales, Antonio; Hauk, Esther - C.E.P.R. Discussion Papers - 2011
family immigration in a framework where school quality and student outcomes are determined endogenously. This allows us to …, we can study the eect of immigration on the school system and how school quality may self-reinforce immigrants' and …
Persistent link: https://www.econbiz.de/10009365649
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Education and Invention
Toivanen, Otto; Väänänen, Lotta - C.E.P.R. Discussion Papers - 2011
Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...
Persistent link: https://www.econbiz.de/10009275968