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Regression, matching, control function and instrumental variables methods for recovering the impact of education on … find an average return of 27% for those completing higher education versus anything less. Compared to stopping at 16 … without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. …
Persistent link: https://www.econbiz.de/10010292932
Following the great expansion of secondary education in the United States between 1910 and 1940, Sweden was one of the … improving access to academic type education by abolishing early selection. The reform was preceded by a large-scale area based …
Persistent link: https://www.econbiz.de/10010292978
in the educational debate. These issues were the focus of a major education reform in Sweden which was implemented in the … the educational attainment of individuals from poorer backgrounds. In addition we estimate the returns to education for … distinguish its direct effect on earnings from the effect it had by increasing the quantity of education. We find that the main …
Persistent link: https://www.econbiz.de/10010293037
complusory education. However the earnings of those with educated parents declined - possibly because of a dilution of quality at … the top end of the education levels. The overall effect of the reform was however positive. …
Persistent link: https://www.econbiz.de/10010293084
The Swedish comprehensive school reform implied an extension of the number of years of compulsory school from 7 or 8 to 9 for the entire nation and was implemented as a social experiment by municipality between 1949 and 1962. A previous study (Meghir and Palme, 2005) has shown that this reform...
Persistent link: https://www.econbiz.de/10010331049
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...
Persistent link: https://www.econbiz.de/10010292960
assumptions we find convincing evidence of an increase in inequality within education groups, changes in the return to education …
Persistent link: https://www.econbiz.de/10010293071