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risk aversion on the probability of entering higher education. This allows us to characterize the subjective (as opposed to … the objective) effect of higher education on marginal risk exposure. Because the measure of risk aversion (the classical … (comparable to parents' educational background) of the decisions to enter higher education. Precisely, risk aversion acts as a …
Persistent link: https://www.econbiz.de/10008790621
This paper considers the estimation of sequential schooling decisions made by agents who are endowed with subjective beliefs about their own ability. I use unique Italian panel data which provide information on i) the curvature of the per-period utility function, ii) schooling decisions, iii)...
Persistent link: https://www.econbiz.de/10008791750
We show that the length of compulsory education has a causal impact on regional labour mobility. The analysis is based … be due to differences in levels of education in the respective regions. …
Persistent link: https://www.econbiz.de/10005822153
Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …
Persistent link: https://www.econbiz.de/10005822163
Using a variance decomposition framework which provides bounds on the effect of families and neighbourhoods, we find important effects of family characteristics and residential location on educational attainment and adult earnings in Norway. Neighbourhoods are less important than families, as...
Persistent link: https://www.econbiz.de/10005822567
variables (average age, average mother's education) have little impact on the outcomes of teenagers. …
Persistent link: https://www.econbiz.de/10008568292
the probability of entering higher education. Differences in ability(ies) and in parental human capital are much more …
Persistent link: https://www.econbiz.de/10008790910
probability of entering higher education. Differences in ability(ies) and in parental human capital are much more important. in …
Persistent link: https://www.econbiz.de/10008793102
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 …
Persistent link: https://www.econbiz.de/10009325427
While much is now known about the effects of physical health shocks to pregnant women on the outcomes of the in-utero child, we know little about the effects of psychological stresses. One clear form of stress to the mother comes from the death of a parent. We examine the effects of the death of...
Persistent link: https://www.econbiz.de/10010884097