Showing 1 - 10 of 18
Using birth certificates matched to schooling records for Florida children born 1992 – 2002, we assess whether family … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in … substantial part because black children are raised in more disadvantaged families …
Persistent link: https://www.econbiz.de/10012988233
We review the empirical literature that estimates the causal effect of parent’s schooling on child’s schooling, and conclude that estimates differ across studies. We then consider three explanations for why this is: (a) idiosyncratic differences in data sets; (b) differences in remaining...
Persistent link: https://www.econbiz.de/10013316139
We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates 'standard' risk aversion (diminishing marginal utility for wealth) and probability distortions. We find that probability distortions - characterized by substantial overweighting of small...
Persistent link: https://www.econbiz.de/10013315858
Understanding the reasons why individuals take risks, particularly unnecessary risks, remains an important question in economics. We provide the first evidence of a powerful connection between happiness and risk-avoidance. Using data on 300,000 Americans, we demonstrate that happier individuals...
Persistent link: https://www.econbiz.de/10013316014
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/10013054498
Evidence suggests that acquiring human capital is related to better life outcomes, yet young peoples' decisions to invest in or stop acquiring human capital are still poorly understood. We investigate the role of time and reference-dependent preferences in such decisions. Using a data set that...
Persistent link: https://www.econbiz.de/10012924444
This paper examines the role of religious denomination for human capital formation. We employ a unique data set which covers, inter alia, information on numerous measures of school inputs in 169 Swiss districts for the years 1871/72, 1881/82 and 1894/95, marks from pedagogical examinations of...
Persistent link: https://www.econbiz.de/10013316560
schooling in 19th century as a natural experiment to obtain exogenous variation in current private-school shares. Our …
Persistent link: https://www.econbiz.de/10013142145
children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093
What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year … olds mainly crowds out maternal care? To answer this question we exploit a natural experiment framework and employ a … difference-in-difference approach. We find sizable improvements in children's reading and math skills at age 15, as well as in …
Persistent link: https://www.econbiz.de/10013087731