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Educational standards in private and public schools
Brunello, Giorgio (contributor); Rocco, Lorenzo (contributor) - 2005 - Stand: Februar 2005
We show that, when school quality is measured by the educational standard and attaining the standard requires costly effort, secondary education needs not be a hierarchy with private schools offering better quality than public schools, as in Epple and Romano, 1998. An alternative configuration,...
Persistent link: https://www.econbiz.de/10002738296
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Mentoring and schooling decisions : causal evidence
Falk, Armin; Kosse, Fabian; Pinger, Pia - 2020
Inequality of opportunity strikes when two children with the same academic performance are sent to different quality schools because their parents differ in socio-economic status. Based on a novel dataset for Germany, we demonstrate that children are significantly less likely to enter the...
Persistent link: https://www.econbiz.de/10012234470
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The timing of parental job displacement, child development and family adjustment
Carneiro, Pedro; Salvanes, Kjell G.; Willage, Barton; … - 2022
This paper examines if the effect of parental labor market shocks on child development depends on the age of the child at the time of the shock. To address this question, we leverage rich Norwegian population-wide register data and exploit mass layoffs and establishment closures as a source of...
Persistent link: https://www.econbiz.de/10013390948
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Integrating minorities in the classroom : the role of students, parents, and teachers
Gendre, Alexandra de; Karbownik, Krzysztof; Salamanca, … - 2024
We develop a multi-agent model of the education production function where investments of students, parents, and teachers are linked to the presence of minorities in the classroom. We then test the key implications of this model using rich survey data and a mandate to randomly assign students to...
Persistent link: https://www.econbiz.de/10014529185
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Insuring educational risk : opportunities versus income
Schindler, Dirk (contributor); Weigert, Benjamin (contributor) - 2008
We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector depends on individual effort in education and public resources, but educational risk still causes (income) inequality. We show that an optimal public policy consists of...
Persistent link: https://www.econbiz.de/10003730305
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Welfare implications of public education spending rules
Angelopoulos, Konstantinos; Malley, James R.; … - 2008
In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public education expenditures, financed by distorting taxes, enhance the...
Persistent link: https://www.econbiz.de/10003806000
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Uncertain longevity and investment in education
Sheshinski, Eytan - 2009
It has been argued that increased life expectancy raises the rate of return on education, causing a rise in the investment in education followed by an increase in lifetime labor supply. Empirical evidence of these relations is rather weak. Building on a lifecycle model with uncertain longevity,...
Persistent link: https://www.econbiz.de/10003883894
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Stay in school or start working? : the human capital investment decision under uncertainty and irreversibility
Bilkic, Natasa; Gries, Thomas; Pilichowski, Margarethe - 2009
human capital investment decision. Real option theory offers a new perspective of the human capital investment decision …As the time of leaving school determines the level of academic achievement this timing decision is central for the … analytical discussion of all determinants of the decision to terminate education and enter the labor market. Further, as we are …
Persistent link: https://www.econbiz.de/10003897279
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Efficient tax policy ranks education higher than saving
Richter, Wolfram F. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003599469
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Endogenous skill formation and the source country effects of international labor market integration
Egger, Hartmut (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003498678