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Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children – how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...
Persistent link: https://www.econbiz.de/10010125884
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10011325999
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling. …
Persistent link: https://www.econbiz.de/10011476582
This paper examines the 1997 additions to the Current Population Survey education question. These new questions allow … imputed "highest grade completed" is one-tenth grade greater and the estimated return to education .6 to 1 percentage points …
Persistent link: https://www.econbiz.de/10011411498
This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980's. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock such as a skill-biased technological change. Since the...
Persistent link: https://www.econbiz.de/10011335240
the true intergenerational education correlation to be relatively low; an increase of 1 year in the average level of …
Persistent link: https://www.econbiz.de/10011313951
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic … discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …
Persistent link: https://www.econbiz.de/10010418037
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
\%. Various simulations indicate that schooling attainments are elastic with respect to the return to college education and, to a … and parents' education (after conditioning on observed and unobserved ability) is found to be quite low. Finally, our …
Persistent link: https://www.econbiz.de/10011295416
Understanding the impact of the COVID-19 pandemic on education requires a solid grasp of the impact of student autonomy …
Persistent link: https://www.econbiz.de/10012589912