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Does Expert Advice Improve Educational Choice?

Borghans, Lex; Golsteyn, Bart H.H.; Stenberg, Anders - Institute for the Study of Labor (IZA) - 2013

practices between schools. Tentative analyses also indicate that counselors reduce students' uncertainty about their own … individual preferences at least to the same extent as uncertainty about objective measures such as employment prospects. …

Persistent link: https://www.econbiz.de/10010884073

Separating Uncertainty from Heterogeneity in Life Cycle Earnings

Cunha, Flavio; Heckman, James; Navarro, Salvador - Institute for the Study of Labor (IZA) - 2004

This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is...

Persistent link: https://www.econbiz.de/10005822068

A New Framework for the Analysis of Inequality

Cunha, Flavio; Heckman, James - Institute for the Study of Labor (IZA) - 2007

earnings variability are due to uncertainty and which components are due to components of human diversity that are forecastable …

Persistent link: https://www.econbiz.de/10005822493