work a child does, are private information, the second-best policy uses a combination of need and merit based education …

Decisions concerning marriage, fertility, participation, and the education of children are explained using a two …, and (iv) length and effective enforcement of compulsory education. The predictions are consistent with two empirical … countries tend to get less education than boys of the same educational ability, and of why a substantial minority of women in …

This study investigates whether young unemployed graduates who accept a job below their level of education accelerate … or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to … started searching for a job right after leaving formal education. We find that overeducation is a trap. This trap is …

Higher education is not just a signal of innate ability. At least a certain level of educational achievement (degree … education and enter the tournament. The poor are confined to the non-graduate labour market. This is doubly inefficient because … some of the rich buy too much education, and some of the graduates have lower ability than some of the non …