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Educational choice, initial wage and wage growth

Mazza, Jacopo; Ophem, Hans van - 2020

We investigate the major choice of college graduates where we make choice dependent on expected initial wages and expected wage growth per major. We build a model that allows us to estimate these factors semiparametrically and that corrects for selection bias. We estimate the model on the...

Persistent link: https://www.econbiz.de/10012228687

Returns for entrepreneurs versus employees : the effect of education and personal control on the relative performance of entrepreneurs vis-a-vis wage employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10011379475

Schooling, capital constraints and entrepreneurial performance

Parker, Simon C.; Praag, Mirjam van - 2005

We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...

Persistent link: https://www.econbiz.de/10011337974

Who gains when workers train? Training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

Persistent link: https://www.econbiz.de/10010330311

Can education compensate low ability? Evidence from british data

Denny, Kevin; O'Sullivan, Vincent - 2004

This paper uses cross section data to investigate whether the returns to education vary with the level of ability. Using a measure of cognitive ability based on tests taken at ages 7 and 11 we find, unlike most of the existing literature, clear evidence that the return to schooling is lower for...

Persistent link: https://www.econbiz.de/10010292976

Educational reform, ability and family background

Meghir, Costas; Palme, Mårten - 2004

In this paper we evaluate the impact of a major school reform, that took place in the 1950s in Sweden, on educational attainment and earnings. The reform, which has many common elements with reforms in other European countries including the UK, consisted of increasing compulsor schooling,...

Persistent link: https://www.econbiz.de/10010293084

The Impact of Education and Training on the Labour Market Experiences of Young Adults

Denny, Kevin; Harmon, Colm - 2000

This paper uses pooled cross-section data on recent school leavers in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education. Family...

Persistent link: https://www.econbiz.de/10010330363

The economic returns to schooling for Italians: An evaluation based on instrumental variables

Brunello, Giorgio; Miniaci, Raffaele - 1998

We study the relationship between (log) current earnings and educational levels in Italy. In line with other international evidence, we find that OLS under-estimate the marginal return to additional education. When the endogeneity of educational choice is taken into account, the marginal return...

Persistent link: https://www.econbiz.de/10011608375

The returns to education in Italy: A new look at the evidence

Brunello, Giorgio; Comi, Simona; Lucifora, Claudio - 1999

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European average, educational attainment is generally much lower...

Persistent link: https://www.econbiz.de/10011608564

The college wage gap in 10 European countries: Evidence from two cohorts

Brunello, Giorgio; Comi, Simona; Lucifora, Claudio - 2000

in relative supply and positively correlated both with the long run rate of productivity growth and with an index of …

Persistent link: https://www.econbiz.de/10011608648