Showing 1 - 10 of 24
Persistent link: https://www.econbiz.de/10010222454
model using a unique data set of individuals who completed undergraduate education in the Netherlands between 1995 and 2001 …
Persistent link: https://www.econbiz.de/10010325516
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10010325787
return in industrial countries. The return varies, however, by gender, rural or urban residence, and the share of agriculture … entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …
Persistent link: https://www.econbiz.de/10010324769
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10010324788
skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …
Persistent link: https://www.econbiz.de/10010325203
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We … college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …
Persistent link: https://www.econbiz.de/10010325796
This paper estimates the health returns to education, using data on identical twins. I adopt a twin … both education and health. I further investigate to what extent within-twin-pair differences in schooling correlates with … education on health. Higher educational levels are found to be positively related to self-reported health but negatively related …
Persistent link: https://www.econbiz.de/10010325854
While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on … to linked data from health surveys, tax files and the mortality register to estimate the causal effect of education on …
Persistent link: https://www.econbiz.de/10010325875
The validity of family background variables instrumenting education in income regressions has been much criticized. In … (perfect validity of the instrument). The size of the bias is in many cases smaller than the standard error of education …
Persistent link: https://www.econbiz.de/10010326044