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income, and to calculate certainty equivalent lifetime income at different levels of education. We find that university … education is associated with about a half a million euro increase in discounted lifetime disposable income compared to … with only moderately higher lifetime income compared to compulsory education, and the entire difference is due to …
Persistent link: https://www.econbiz.de/10010221567
Formal education is correlated with entrepreneurial activity and success, but correlation does not indicate causation …. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years …
Persistent link: https://www.econbiz.de/10012604374
pandemic recession encouraged more young people to complete high school. The pandemic created extensive problems in education …
Persistent link: https://www.econbiz.de/10012305005
We discuss the effects of low-skill offshoring on the endogenous schooling decision of workers along with the potential changes in the labor market. The analysis is performed in the context of a matching model with different possible equilibria. Our exercise suggests that the endogenous...
Persistent link: https://www.econbiz.de/10011571980
We study the effect of post-compulsory education on crime by exploiting a regression discontinuity design generated by …
Persistent link: https://www.econbiz.de/10011972527
This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …
Persistent link: https://www.econbiz.de/10011339679