profitability of crime relative to education. These assumptions allow us to study the effect of social interactions on crime. We … and show that policies that decrease the cost of education for talented students may increase the vulnerability of less …

increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …-run economic development. -- longevity ; active life expectancy ; education ; hours worked ; economic growth. …

firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …

also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …

education but the other one does not. Because of the high degree of assortative matching according to education on the marriage …

, education specific productivity shocks, and catastrophic consumption events, while bankruptcy is governed by the basic … importance of the two chapters (7 and 13) for each of our two education groups that differ in both preferences and wage profiles …