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Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011325967
of differently educated auditors are supported by the estimation results in this paper. The part-time, dual track appears …
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A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs, until lay-off occurs, when this selection process starts over from scratch. We develop a simple methodology to test these predictions. Our inference uses two sources of...
Persistent link: https://www.econbiz.de/10011540616
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We examine how the gender of a sibling affects earnings, education and family formation. Identification is complicated … with sisters obtain lower education and give birth earlier than women with brothers. Our analysis shows that the family …
Persistent link: https://www.econbiz.de/10010532574
The validity of family background variables instrumenting education in income regressions has been much criticized. In … violations of the strong validity assumption affect the estimation results. We show that, in case of moderate direct effects of … (perfect validity of the instrument). The size of the bias is in many cases smaller than the standard error of education …
Persistent link: https://www.econbiz.de/10011381026
relationship between agglomeration externalities and the level of education. While the positive relationship between economic … relationship between density and productivity for workers with different types of education. Apart from estimating the impact of … aggregate density, we also estimate whether the composition of the local labor market in terms of education is related to the …
Persistent link: https://www.econbiz.de/10010374568
This paper formulates a simple skill and education model to explain how better access to higher education leads to …
Persistent link: https://www.econbiz.de/10013472300