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Opportunity and inequality across generations
Koeniger, Winfried; Zanella, Carlo - 2020
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...
Persistent link: https://www.econbiz.de/10012166025
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Socio-economic gaps in university enrollment : the role of perceived pecuniary and non-pecuniary returns
Boneva, Teodora; Rauh, Christopher - 2017
To understand the socio-economic enrollment gap in university attendance, we elicit students’ beliefs about the benefits of university education in a sample of 2,540 secondary school students. Our choice model estimates reveal that perceived non-pecuniary benefits explain a large share of the...
Persistent link: https://www.econbiz.de/10011757767
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How immigration may affect US native entrepreneurship: Theoretical building blocks and preliminary results
Duleep, Harriet Orcutt; Jaeger, David A.; Regets, Mark - 2012
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to …
Persistent link: https://www.econbiz.de/10010283971
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Incentives and creativity in groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022
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Are Intellectual Property Rights Unfair?
Saint-Paul, Gilles - 2002
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10010262329
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Child labor and resistance to change
Bellettini, Giorgio; Berti Ceroni, Carlotta; Ottaviano, … - 2003
We study the interactions between technological innovation, investment in human capital and child labor. In our setting … firms decide on innovation, then households decide on education. In equilibrium the presence of inefficient child labor … on child labor are welfare reducing, while a subsidy to innovation is the right tool to eliminate child labor and …
Persistent link: https://www.econbiz.de/10011591883
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Who Chooses Which Private Education? Theory and International Evidence
Bertola, Giuseppe; Checchi, Daniele - 2013
Private school students do not always perform better in standardized tests. We suggest that this may be explained by choice of private schooling by less capable students in countries where government schools are better suited to talented students. To assess the empirical relevance of this...
Persistent link: https://www.econbiz.de/10010319547
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Education in a marriage market model without commitment
Hyee, Raphaela - 2011
This paper develops a model that combines intra-household bargaining with competition on the marriage market to analyse women's and men's incentives to invest in education. Once married, spouses bargain over their share of total household income. They have the option of unilateral divorce and...
Persistent link: https://www.econbiz.de/10009310256
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Optimal student loans and graduate tax under moral hazard and adverse selection
Gary-Bobo, Robert; Trannoy, Alain - 2013
We completely characterize the set of second-best optimal "menus" of student-loan contracts in a simple economy with risky labour-market outcomes, adverse selection, moral hazard and risk aversion. The model combines structured student loans and an elementary optimal income-tax problem à la...
Persistent link: https://www.econbiz.de/10009754597
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Do marriage markets influence the divorce hazard?
Hyee, Raphaela - 2011
This paper demonstrates that a woman's propensity to separate from her husband or live-in partner depends positively on male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings power, the more likely a woman is to end her...
Persistent link: https://www.econbiz.de/10009385407