We estimate the impacts of mandated political reservation for minorities on household credit access and borrowing behavior. To identify causal effects, we exploit the exogenous state-time variation in the allocation of constituencies (electoral districts) to the two reserved minority groups in...

This study contributes to the literature on long-term effects of relative age (i.e. age differences between classmates in compulsory school) by examining tertiary education outcomes. We investigate whether there is evidence of relative age effects on university students enrolled in the Erasmus...

Human Capital Theory considers individuals' education as an investment in terms of money, time, effort, and the renouncement of income opportunities that they expect will be compensated during their working life. While these benefits are mainly in the long run, direct and indirect costs are...

This chapter reviews and evaluates progress in recent research on the graduate premium in general as well as the differential graduate premiums by discipline, accounting for higher-education choice by individuals under substantial uncertainty. The contribution of this review, relative to...

Gender disparities in STEM fields participation are a major cause of concern for policymakers around the world. In addition to talent misallocation, low female enrollment rates in STEM careers contribute to gender-based inequalities in earnings and wealth, given the higher average level of...

This paper investigates whether citizenship of immigrant students in the host country influences their choice of majors, and whether these effects differ by gender. Using detailed students' data from an Italian university, combined with characteristics of the countries of origin, I examine the...

This paper examines patterns of school choice in Egypt from primary through higher education. We use a mixed-methods approach that combines survey data with qualitative in-depth interviews to explore schooling decisions. Some private and religious schools exist, but we find that in most...

Under China's household registration (hukou) system, children with rural hukou lack equal access to education in urban areas. This paper investigates the causal effect of hukou status on children's education by exploiting an exogenous change in hukou status induced by the hukou reform in 1998....

"Out-of-field" teaching in mathematics refers to teachers who teach the subject without mathematics-specific qualifications to do so. Out-of-field teaching has the potential to affect teachers' classroom instruction practices with consequences for student learning. This report describes the...

This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...