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Subjective beliefs and schooling decisions

Belzil, Christian (contributor) - 2007

This paper considers the estimation of sequential schooling decisions made by agents who are endowed with subjective … degree of confidence (a measure of spread) and the incidence of over (and under) estimation. I find that the future component … of intertemporal utilities dominates schooling decisions. I find a strong incidence of under-estimation among the more …

Persistent link: https://www.econbiz.de/10003597338

Unobserved ability and the return to schooling

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...

Persistent link: https://www.econbiz.de/10011411639

A structural analysis of the correlated random coefficient wage regression model

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...

Persistent link: https://www.econbiz.de/10011411668

Earnings dispersion, risk aversion and eduation

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10011411833

On the specification of mincerian wage regressions with heterogeneity, non-linearity, non-separability, and heteroskedasticity

Belzil, Christian (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001982769

The promotion dynamics of American executives

Belzil, Christian (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001896343

Structural estimates of the intergenerational education correlation

Belzil, Christian (contributor); Hansen, Jörgen (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001877139

Promotion determinants in corporate hierarchies : an examination of fast tracks and functional area

Belzil, Christian; Bognanno, Michael Leonard; Poinas, … - 2012

300 of the largest corporations in the U.S. in the period from 1981 to 1988. The estimation conditions on unobserved …

Persistent link: https://www.econbiz.de/10009656075

Estimating a model of qualitative and quantitative education choices in France

Belzil, Christian; Poinas, François - 2018

We estimate a structural model of education choices in which individuals choose between a professional (or technical) and a general track at both high school and university levels using French panel data (Génération 98). The average per-period utility of attending general high school (about...

Persistent link: https://www.econbiz.de/10011820970

Household characteristics, ability and education : evidence from a dynamic expected utility model

Belzil, Christian; Hansen, Jörgen - 1999

We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...

Persistent link: https://www.econbiz.de/10011295416