Showing 1 - 10 of 115
Persistent link: https://www.econbiz.de/10009683122
education. Furthermore, the authors find that premarket locus of control, defined as locus of control measured at the time of … education decisions. In light of the existing literature, which finds mostly positive effects of contemporaneous locus of … locus of control, influence the cost of education but not outcomes directly, these individual characteristics may keep …
Persistent link: https://www.econbiz.de/10013136485
This paper considers the identification and estimation of an extension of Roy's model (1951) of occupational choice … can be point or set identified without any usual instruments. We propose a three-stages semiparametric estimation … education attendance decisions …
Persistent link: https://www.econbiz.de/10013153304
in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive … from education …
Persistent link: https://www.econbiz.de/10013155555
This paper provides further evidence on the positive impact of schooling on within-groups wage dispersion in Portugal, using data on male workers from the 2001 wave of the European Community Household Panel. The issue of schooling endogeneity is taken into account by using the newest available...
Persistent link: https://www.econbiz.de/10012776606
This paper investigates the impact of changes in the funding of higher education in England on students' choices and … outcomes. Over the last two decades – through three major reforms in 1998, 2006 and 2012 – undergraduate university education … school-aged children) from lower education to higher education, we document the socio-economic distributional effects of the …
Persistent link: https://www.econbiz.de/10012945227
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic … discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …
Persistent link: https://www.econbiz.de/10013045058
assess returns to education. Our framework for evaluating the distribution of age-specific returns to investments in …
Persistent link: https://www.econbiz.de/10013316952
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set within a correlated random coefficient model and we use the structural estimates to perform counterfactual experiments. We show that the estimates of the dynamic...
Persistent link: https://www.econbiz.de/10013318534
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10013320490