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-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …
Persistent link: https://www.econbiz.de/10012239109
permanent endowments as well as on education. We find evidence of statistically significant complementarity, i.e. the higher …
Persistent link: https://www.econbiz.de/10003784398
ethics at age 15, on test scores at age 16, and on subject choices and subsequent performance at age 17-18. In particular …
Persistent link: https://www.econbiz.de/10010370100
We model the joint distribution of (i) individual education trajectories, defined by the allocation of time (semesters …
Persistent link: https://www.econbiz.de/10013260027
available. In this paper, we use nationally representative cohort data linked to administrative education records to study the …
Persistent link: https://www.econbiz.de/10012203074