Showing 1 - 10 of 48
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010744676
We assess the relevance of formal education for the productivity of the self-employed and distinguish between … employment options. We expect differences in the returns to education between these groups because of different levels of control …. We use the German Socio-economic Panel and account for the endogeneity of education and non-random selection. The results …
Persistent link: https://www.econbiz.de/10011128972
This paper studies the effect of attending a high-quality secondary school on subsequent educational outcomes. The analysis is based on data from the German Socio-Economic Panel Study in which we observe children when they make their secondary school choice (between ages 10-12) and later when...
Persistent link: https://www.econbiz.de/10010896257
transmission effects are virtually unchanged by controlling for childhood environment or parental education, suggesting that the …
Persistent link: https://www.econbiz.de/10010787016
-adjusted returns to an academic education increase the probability of university enrollment. Second, high-school graduates are …
Persistent link: https://www.econbiz.de/10008458428
Die Bildungsreformen der sechziger Jahre sollten das Bildungsniveau der Westdeutschen anheben. Die Analyse der Daten des Mikrozensus weist darauf hin, dass die durch die Bildungsreformen intendierte Bildungsexpansion schon vor 1960 begonnen hat. Mit dem Conditional Mean Independence Ansatz...
Persistent link: https://www.econbiz.de/10005017409
Complementing prior research on income mobility and educational transmission, we provide evidence on the intergenerational transmission of cognitive abilities using data from the German Socio-Economic Panel Study. Our estimates suggest that individuals' cognitive skills are positively related to...
Persistent link: https://www.econbiz.de/10005017494
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10005018743
Self-productivity is a crucial feature in the process of skill formation. It means that skills and health acquired at one stage in the life cycle enhance skills and health formation at later stages. This paper presents an empirical investigation of self-productivity in early childhood in...
Persistent link: https://www.econbiz.de/10005018749
. This holds true for brothers and sisters. In Denmark 20 percent of the inequality in permanent earnings can be attributed …
Persistent link: https://www.econbiz.de/10008868114