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This paper explores students' expectations about the returns to completing higher education and provides first evidence on perceived signaling and human capital effects. We elicit counterfactual labor market expectations for the hypothetical scenarios of leaving university with or without a...
Persistent link: https://www.econbiz.de/10012293817
graduates and high school graduates. We calibrate the model to data for men born around 1960 and find that ability selection …
Persistent link: https://www.econbiz.de/10010338707
Higher education finance depends on the public’s preferences for charging tuition, which may be partly based on beliefs about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise survey experiments in representative samples of...
Persistent link: https://www.econbiz.de/10012533895
documented and salient are the differences between genders, whereby women tend to be significantly underrepresented in some …
Persistent link: https://www.econbiz.de/10014364698
Grade retention offers students a chance to catch up with unmastered material but also leads to less labor-market experience by delaying graduation and labor-market entry. This is the first paper to quantify this trade-off, using an exit exam cutoff of Dutch academic secondary schools, where...
Persistent link: https://www.econbiz.de/10013489572
Frequent non-completion in optional education can be efficient if dropouts optimally exercise an option rationally foreseen by previous enrollment choices. This paper shows that in educational opportunities and groups of students where enrollment resolves more pronounced individual uncertainty...
Persistent link: https://www.econbiz.de/10012428968
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being … single is treated as given, and it captures returns from employment. Single unemployed men conduct a so-called constrained … costly ex-ante investment in schooling. We establish the existence of market equilibria where a fraction of men get educated …
Persistent link: https://www.econbiz.de/10012119529
theoretical explanation for why women attend college at a higher rate and earn a lower average income than men. Differential …I build an equilibrium investment-and-marriage model to explain stylized facts about education, income, and marriage …-specific relationships between age at marriage and income, as well as the evolving relationship between age at marriage and spousal income …
Persistent link: https://www.econbiz.de/10012110230
For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend for-profit institutions take on more educational debt, have worse labor market outcomes, and are more likely to default than students attending similarly-selective public...
Persistent link: https://www.econbiz.de/10011987067
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/10011825320