Narrow search
Showing 1 - 7 of 7
Cover Image
Student Abilities During the Expansion of US Education
Hendricks, Lutz; Schoellman, Todd - CESifo - 2013
The US experienced two dramatic changes in the structure of education in a fifty year period. The first was a large …
Persistent link: https://www.econbiz.de/10010723538
Cover Image
The Return to College: Selection Bias and Dropout Risk
Hendricks, Lutz; Leukhina, Oksana - CESifo - 2014
This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor’s degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...
Persistent link: https://www.econbiz.de/10010757731
Cover Image
Why Does Educational Attainment Differ Across U.S. States?
Hendricks, Lutz - CESifo - 2004
The fraction of persons holding a college degree differs nearly two-fold across U.S. states. This paper documents data related to state educational attainment differences and explores possible explanations. It shows that highly educated states employ skillbiased technologies, specialize in...
Persistent link: https://www.econbiz.de/10005766021
Cover Image
Optimal Policy and the Risk Properties of Human Capital Reconsidered
Anderberg, Dan - CESifo - 2008
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. Aset of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …
Persistent link: https://www.econbiz.de/10005766081
Cover Image
The Effect of Education on Marital Status and Partner Characteristics: Evidence from the UK
Anderberg, Dan; Zhu, Yu - CESifo - 2010
This paper uses a particular school exit rule previously in effect in England and Wales that allowed students born within the first five months of the academic year to leave school one term earlier than those born later in the year. Focusing on women, we show that those who were required to stay...
Persistent link: https://www.econbiz.de/10008572507
Cover Image
Education, Disappointment and Optimal Policy
Anderberg, Dan; Cerrone, Claudia - CESifo - 2014
Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …
Persistent link: https://www.econbiz.de/10011103402
Cover Image
How Risky is College Investment?
Hendricks, Lutz; Leukhina, Oksana - CESifo - 2015
This paper is motivated by the fact that nearly half of U.S. college students drop out without earning a bachelor’s degree. Its objective is to quantify how much uncertainty college entrants face about their graduation outcomes. To do so, we develop a quantitative model of college choice. The...
Persistent link: https://www.econbiz.de/10011165502