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Personality, IQ, and Lifetime Earnings
Gensowski, Miriam - Institute for the Study of Labor (IZA) - 2014
Talented individuals are seen as drivers of long-term growth, but how do they realize their full potential? In this paper, I show that even in a group of high-IQ men and women, lifetime earnings are substantially influenced by their education and personality traits. I identify a previously...
Persistent link: https://www.econbiz.de/10010884095
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High School Track Choice and Liquidity Constraints: Evidence from Urban Mexico
Avitabile, Ciro; Bobba, Matteo; Pariguana, Marco - 2017
We study how a large household windfall affects sorting of relatively disadvantaged youth over high school tracks by exploiting the discontinuity in the assignment of a welfare program in Mexico. The in-cash transfer is found to significantly increase the probability of selecting vocational...
Persistent link: https://www.econbiz.de/10011653234
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Getting Lucky: The Long-Term Consequences of Exam Luck
Landaud, Fanny; Maurin, Éric; Willage, Barton; … - 2022
This paper studies the impact of exam luck on individuals' education and labor market success. We leverage unique features of the Norwegian education system that produce random variation in the content of the exams taken by students at the end of high school. Lucky students take exams in...
Persistent link: https://www.econbiz.de/10013177604
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Personality, IQ, and Lifetime Earnings
Gensowski, Miriam - 2014
Talented individuals are seen as drivers of long-term growth, but how do they realize their full potential? In this paper, I show that even in a group of high-IQ men and women, lifetime earnings are substantially influenced by their education and personality traits. I identify a previously...
Persistent link: https://www.econbiz.de/10010377371
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Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments
Lergetporer, Philipp; Werner, Katharina; Wößmann, Ludger - 2018
The gap in university enrollment by parental education is large and persistent in many countries. In our representative survey, 74 percent of German university graduates, but only 36 percent of those without a university degree favor a university education for their children. The latter are more...
Persistent link: https://www.econbiz.de/10011872057
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Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments
Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018
The gap in university enrollment by parental education is large and persistent in many countries. In our representative survey, 74 percent of German university graduates, but only 36 percent of those without a university degree favor a university education for their children. The latter are more...
Persistent link: https://www.econbiz.de/10011873457
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Catching up Is Hard to Do: Undergraduate Prestige, Elite Graduate Programs, and the Earnings Premium
Hersch, Joni - 2019
A commonly held perception is that an elite graduate degree can "scrub" a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 through 2017, this paper examines the relationship between the status of undergraduate degrees and...
Persistent link: https://www.econbiz.de/10012141244
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Firm Training
Black, Dan; Skipper, Lars; Smith, Jeffrey A. - 2023
Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...
Persistent link: https://www.econbiz.de/10014261023
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Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries
Pereira, Pedro Telhado; Martins, Pedro Silva - 2000
?the case of Portugal; 2) a positive but stable role of education in terms of inequality – Austria, Finland, France …
Persistent link: https://www.econbiz.de/10010262344
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The impact of continuous training on a firm's innovations
Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - 2008
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10010264329