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We show that a calibrated dynamic skill accumulation model allowing for comparative advantages, can explain the weak (or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on compulsory schooling, ii) in the micro literature on estimating...
Persistent link: https://www.econbiz.de/10013117619
During the early Nineties the proportion of UK graduates doubled over a very short period of time. This paper …. We therefore define three groups of graduates: matched, apparently over-educated and genuinely over-educated; to compare … pre- and post-expansion cohorts of graduates. We find the proportion of over-educated graduates has doubled, even though …
Persistent link: https://www.econbiz.de/10012779027
This paper provides estimates of the impact of higher education qualifications on the earnings of graduates in the UK …
Persistent link: https://www.econbiz.de/10013136727
positive reaction. This finding is consistent with Queuing theory …
Persistent link: https://www.econbiz.de/10012828000
This paper analyzes the impact of longer school schedules on children's 2nd grade reading comprehension skills in Chile. In a setting where families choose schools, we identify the causal effect of longer schedules with instrumental variables, using the local availability of full-day schools as...
Persistent link: https://www.econbiz.de/10012980339
This study examines the causal link between individuals' occupational knowledge, educational choices, and labor market outcomes. We proxy occupational knowledge with mandatory visits to job information centers (JICs) in Germany while still attending school. Exogenous variation in the location...
Persistent link: https://www.econbiz.de/10013055230
I examine the extent to which the returns to college majors are influenced by selective migration and occupational choice across locations in the US. To quantify the role of selection, I develop and estimate an extended Roy model of migration, occupational choice, and earnings where, upon...
Persistent link: https://www.econbiz.de/10012831090
Estimating the effect of 'ethnic capital' on human capital investment decisions is complicated by the endogeneity of location choice of immigrants and the reflection problem. We exploit a rare immigrant settlement policy in Germany to identify the causal impact of parental peer-heterogeneity on...
Persistent link: https://www.econbiz.de/10013039603
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 features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10013045058
graduates as a function of income lies first strictly above their counterparts from high-school, but this reverses at higher … incomes. The loan repayment schedule is hump-shaped in income for college graduates …
Persistent link: https://www.econbiz.de/10013118777