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The Sources of the Gender Gap in Economics Enrolment
Tonin, Mirco; Wahba, Jackline - CESifo - 2014
In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an important stepping stone towards positions of influence in policy making and occupations paying relatively high wages. We investigate the sources of this gap by looking in detail...
Persistent link: https://www.econbiz.de/10010948840
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The Return to College: Selection Bias and Dropout Risk
Hendricks, Lutz; Leukhina, Oksana - CESifo - 2014
This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor’s degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...
Persistent link: https://www.econbiz.de/10010757731
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How Risky is College Investment?
Hendricks, Lutz; Leukhina, Oksana - CESifo - 2015
This paper is motivated by the fact that nearly half of U.S. college students drop out without earning a bachelor’s degree. Its objective is to quantify how much uncertainty college entrants face about their graduation outcomes. To do so, we develop a quantitative model of college choice. The...
Persistent link: https://www.econbiz.de/10011165502
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Why Do We Ignore the Risk in Schooling Decisions?
Hartog, Joop; Diaz-Serrano, Luis - CESifo - 2014
While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...
Persistent link: https://www.econbiz.de/10010877976
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Overeducation at the Start of the Career - Stepping Stone or Trap?
Baert, Stijn; Cockx, Bart; Verhaest, Dieter - CESifo - 2012
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 …
Persistent link: https://www.econbiz.de/10010550834
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Measuring the Consumption Value of Higher Education
Alstadsæter, Annette - CESifo - 2009
This paper argues that the consumption value of education is an important motivation for the educational choice. While … particular type of higher education. We document that the individuals who attended Teachers’ College in Norway during the 1960's …
Persistent link: https://www.econbiz.de/10008533984
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The Consumption Value of Higher Education
Alstadsæter, Annette; Sievertsen, Hans Henrik - CESifo - 2009
The consumption value of higher education is an important factor behind the individual’s educational choice. We provide … higher education. We provide new empirical evidence for the willingness to pay for the consumption value of a particular type … of higher education. Even when controlling for ability selection, we find on US data that Liberal Arts graduates were …
Persistent link: https://www.econbiz.de/10008534058
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Age at School Entry and Intergenerational Educational Mobility
Bauer, Philipp C.; Riphahn, Regina T. - CESifo - 2009
We use Swiss data to test whether intergenerational educational mobility is affected by the age at which children first enter (primary) school. Early age at school entry significantly affects mobility and reduces the relative advantage of children of better educated parents.
Persistent link: https://www.econbiz.de/10005094337
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On Human Capital Formation with Exit Options: Comment and New Results
Poutvaara, Panu - CESifo - 2006
, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding …
Persistent link: https://www.econbiz.de/10005181463
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Top of the Class: The Importance of Ordinal Rank
Murphy, Richard; Weinhardt, Felix - CESifo - 2014
This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive English administrative data. Identification is obtained from variation in test score distributions across cohorts and subjects, such that the same score relative to the class mean...
Persistent link: https://www.econbiz.de/10010779409