Showing 1 - 10 of 26
Studies based on instrumental variable techniques suggest that the value of a high school education is large for potential dropouts, yet we know much less about the size of the benefiÂ…t for students who will go on to post-secondary education. To help Â…fill this gap, I measure the...
Persistent link: https://www.econbiz.de/10008511758
This paper uses longitudinal microdata from the Statistics Canada National Longitudinal Survey of Children and Youth … children for most of their childhood. Five principal questions are addressed: 1) What trends in the level of real family income … are apparent?; 2) What happens to inequality of income among this group of children as they grow up?; 3) Are the same …
Persistent link: https://www.econbiz.de/10004978947
Separate identification of the price and quantity of human capital has important implications for understanding key issues in economics. Price and quantity series are derived for four education levels. The price series are highly correlated and they exhibit a strong secular trend. Three...
Persistent link: https://www.econbiz.de/10009395119
We examine the evolution of the returns to human capital in Canada over the period 1980-2005. Our main finding is that returns to education increased substantially for Canadian men, contrary to conclusions reached previously. Most of this rise took place in the early 1980s and since 1995....
Persistent link: https://www.econbiz.de/10008511757
There is growing international interest in a Canadian-style points system for selecting economic immigrants. Although existing points systems have been influenced by the human capital literature, the findings have traditionally been incorporated in an ad hoc way. This paper explores a formal...
Persistent link: https://www.econbiz.de/10008468947
The literature has not yet resolved whether the effect of macroeconomic fluctuations on training decisions is positive or negative. On the one hand, the opportunity cost to train is lower during downturns, and thus training should be counter-cyclical. On the other hand, a positive shock may be...
Persistent link: https://www.econbiz.de/10008479342
Two sides of a finite marriage market engage in costly investment and are then matched assortatively. The purpose of the investment is solely to improve the quality of the match that trader can attain in the second stage. The paper studies the limits of equilibrium of these finite matching games...
Persistent link: https://www.econbiz.de/10004970942
be confounded by the endogeneity of education, we make use of data on compulsory schooling laws to create instrumental …
Persistent link: https://www.econbiz.de/10004975590
This paper examines the evolution of the returns to human capital in Canada over the period 1980-2006. Most of the analysis is based on Census data, and on weekly wage and salary earnings of full-time workers. Our main finding is that the returns to education increased substantially for Canadian...
Persistent link: https://www.econbiz.de/10004975638
We investigate the returns to postsecondary education relaxing the standard assumption that it proceeds in a continuous manner. Using a unique survey that collects information on a representative cohort of graduates, we are able to estimate the effects of delaying school among successful...
Persistent link: https://www.econbiz.de/10004977032