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We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting policy changes. We analyze both the incentive effects and the welfare implications of tax credits and income support programs and we account for their...
Persistent link: https://www.econbiz.de/10011254925
We estimate the impact of compulsory schooling on earnings using the changes in compulsory schooling laws for secondary …
Persistent link: https://www.econbiz.de/10005710908
The General Educational Development (GED) credential is issued on the basis of an eight hour subject-based test. The test claims to establish equivalence between dropouts and traditional high school graduates, opening the door to college and positions in the labor market. In 2008 alone, almost...
Persistent link: https://www.econbiz.de/10008614649
This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on understanding how the assumptions made to justify and implement such methods relate to the underlying economic model and the interpretation of the results. We start by...
Persistent link: https://www.econbiz.de/10008622342
I survey the evidence on patterns in U.S. high school graduation rates over the period 1970-2010 and report the results of new research conducted to fill in holes in the evidence. I begin by pointing out the strengths and limitations of existing data sources. I then describe six striking...
Persistent link: https://www.econbiz.de/10011095620
early, and schooling merely widens them. Additional university tuition subsidies or improvements in school quality are not …
Persistent link: https://www.econbiz.de/10005078638
This paper presents economic models of child development that capture the essence of recent findings from the empirical literature on skill formation. The goal of this essay is to provide a theoretical framework for interpreting the evidence from a vast empirical literature, for guiding the next...
Persistent link: https://www.econbiz.de/10005084486
This paper examines evidence on the effect of class size on student achievement. First, it is shown that results of quantitative summaries of the literature, such as Hanushek (1997), depend critically on whether studies are accorded equal weight. Hanushek summarizes 277 estimates extracted from...
Persistent link: https://www.econbiz.de/10005085382
This paper investigates the economic and empirical foundations of the evidence relating earnings to schooling quality … earnings. Nonparametric tests strongly reject this hypothesis. The conventional assumption of linearity of the earnings … labor services. The empirically concordant model of earnings is a model of heterogeneous human capital in which regional …
Persistent link: https://www.econbiz.de/10005710646
We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is...
Persistent link: https://www.econbiz.de/10005720636