Showing 1 - 10 of 362
Risk aversion is typically inferred from real or hypothetical choices over risky lotteries, but such "untutored" choices may reflect mistakes rather than preferences. We develop a procedure to disentangle preferences from mistakes: after eliciting untutored choices, we confront participants with...
Persistent link: https://www.econbiz.de/10012482227
Do potential entrepreneurs remain in wage employment because of concerns that they will face worse job opportunities should their entrepreneurial ventures fail? Using a Canadian reform that extended job-protected leave to one year for women giving birth after a cutoff date, we study whether the...
Persistent link: https://www.econbiz.de/10012456231
We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...
Persistent link: https://www.econbiz.de/10012457695
A large share of the poor in developing countries run small enterprises, often earning low incomes. This paper explores whether the poor performance of businesses can be explained by a lack of basic business skills. We randomized the offer of a free, 48-hour business skills course to female...
Persistent link: https://www.econbiz.de/10012458923
We propose a general method of moments technique to identify measurement error in self-reported and transcript-reported schooling using differences in wages, test scores, and other covariates to discern the relative verity of each measure. We also explore the implications of such reporting...
Persistent link: https://www.econbiz.de/10012471555
This paper examines the value of the GED credential and the conventional high school diploma in explaining the earnings of 27-year-old males in the early 1990s. The data base is the High School & Beyond sophomore cohort. We replicate the basic findings of prior studies that implicitly assume the...
Persistent link: https://www.econbiz.de/10012471615
High school exit exams are meant to standardize the quality of public high schools and to ensure that students graduate with a set of basic skills and knowledge. Evidence suggests that a common perverse effect of exit exams is an increase in dropout for students who have difficulty passing...
Persistent link: https://www.econbiz.de/10012938711
College completion rates declined from the 1970s to the 1990s. We document that this trend has reversed--since the 1990s, college completion rates have increased. We investigate the reasons for the increase in college graduation rates. Collectively, student characteristics, institutional...
Persistent link: https://www.econbiz.de/10012510588
Job choice by high-skilled foreign-born workers in the US correlates strongly with country of origin. We apply a Frechet-Roy model of occupational choice to evaluate the causes of immigrant sorting. In a gravity specification, we find that revealed comparative advantage in the US is stronger for...
Persistent link: https://www.econbiz.de/10012660096
. About 50 percent of recent college graduates are living and working in the metro area nearest the institution they attended … average strength of the labor market to which a college sends its graduates predicts college-specific intergenerational … of considering migration patterns of college graduates when estimating the social return on public investment in higher …
Persistent link: https://www.econbiz.de/10013210116