Showing 1 - 10 of 15
Uncertainty about future income plays a conceptually important role in college decisions. Unfortunately, characterizing … how much earnings uncertainty is present for students at college entrance and how quickly this uncertainty is resolved has … describing one's beliefs about future earnings at an ideal time - immediately before students began their first year courses. We …
Persistent link: https://www.econbiz.de/10011883043
. This framework demonstrates that non-monetary costs of applying for income-based repayment assistance are critical to … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada's income …
Persistent link: https://www.econbiz.de/10011882991
While a large literature is interested in the relationship between family and labor supply outcomes, little is known about the expectations of these objects at earlier stages. We examine these expectations, taking advantage of unique data from the Berea Panel Study. In addition to characterizing...
Persistent link: https://www.econbiz.de/10012286536
The canonical supply{demand model of the wage returns to skill has been extremely in uential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012550126
This paper uses new administrative data with detailed borrower information and lengthy repayment histories from the Canada Student Loans Program (CSLP) to mea- sure rates of return on undergraduate student loans. We document substantial heterogeneity in returns based on information available at...
Persistent link: https://www.econbiz.de/10012605047
students' perceptions. We find that the average perceived option value is 65% smaller than the average actual option value ($8 … policy implications related to college entrance, we do not find evidence that students understate the overall value of …
Persistent link: https://www.econbiz.de/10012286537
The demand and supply model predicts that a larger relative net supply of a particular skill group will negatively affect its relative wage. To test this, we use the opening of a new university in Denmark as a natural experiment. We show that the opening of Aalborg University created a shock to...
Persistent link: https://www.econbiz.de/10011586652
A large literature studies the wage consequences of over-education in the sense of a worker, by some measure, having a higher level of education than is required for the job. We use unique new data to reexamine the common interpretation that initial over-education represents a harmful type of...
Persistent link: https://www.econbiz.de/10011688030
decomposed using data from two national sample surveys of the China Household Income Project (CHIP) relating to 2002 and 2013 … relationships between income and wealth, house price inflation, differential savings, and income from wealth. …
Persistent link: https://www.econbiz.de/10011876477
We develop and estimate a model of study time choices of students on a social network. The model is designed to exploit … friend characteristics appears important in explaining variation across students in study time and achievement, and …
Persistent link: https://www.econbiz.de/10011688073