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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
education subsidies can reduce inequality, due to an estimated dynamic complementarity between time investments and education …
Persistent link: https://www.econbiz.de/10014480401
Despite the rapid expansion and increasing importance of private education in developing countries, very little is …
Persistent link: https://www.econbiz.de/10010331059
There have been many studies of the impact of higher education (HE) on the wages and earnings of graduates. However …
Persistent link: https://www.econbiz.de/10012028679
two separate margins of primary/secondary and tertiary education. Interestingly, the latter type of schooling proves to be …
Persistent link: https://www.econbiz.de/10010292939
This paper uses cross section data to investigate whether the returns to education vary with the level of ability …, clear evidence that the return to schooling is lower for those with higher ability indicating that education can act as a … that education is also a substitute for unobserved ability. …
Persistent link: https://www.econbiz.de/10010292976
We examine the impact of high school graduation on the probability individuals from welfare backgrounds use welfare themselves. Our data consists of administrative educational records for grade 12 students in a Canadian province linked with their own and their parents' welfare records. We...
Persistent link: https://www.econbiz.de/10010293018
The idea of positive educational externalities is that the benefits of individually acquired education may not be … still largely divided on whether the stock of education affects the long-run level or growth rate of the economy. A one …-year increase in average education is found to raise the level of output per capita by between 3 and 6 percent according to …
Persistent link: https://www.econbiz.de/10010293048
to employment, unemployment or higher education. Family background is an important predictor for participation in higher … education reflecting the degree of rationing in the system. The level of educational attainment influences the probability of … entering higher education or employment. The estimates for earnings functions show large differences across gender with males …
Persistent link: https://www.econbiz.de/10010330363
We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples with a bequest motive, health-dependent utility, and uncertain longevity and health. We allow the parameters of the bequest utility to differ between households with and without...
Persistent link: https://www.econbiz.de/10014581860