Showing 1 - 10 of 296
Economists have long recognized the important role of formal schooling and cognitive skills on labor market … schooling, there is no strong evidence that skills measured in childhood predict wages in the early years of labor market …
Persistent link: https://www.econbiz.de/10011653294
Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...
Persistent link: https://www.econbiz.de/10011307361
There is limited existing evidence justifying the economic case for state education policy. Using newly-developed measures of the human capital of each state that allow for internal migration and foreign immigration, we estimate growth regressions that incorporate worker skills. We find that...
Persistent link: https://www.econbiz.de/10011420726
schooling between 1997 and 1999). Surprisingly, I find no significant differences between OLS and IV estimates of returns to …
Persistent link: https://www.econbiz.de/10005822041
both in terms of schooling degree and probability of having to repeat a grade. These findings are likely driven by …
Persistent link: https://www.econbiz.de/10005822052
variability in returns to schooling is forecastable. This has important implications for using measured variability to price risk …
Persistent link: https://www.econbiz.de/10005822068
Over the last decades the German education system underwent numerous reforms in order to improve "equality of opportunity", i.e. to guarantee all pupils equal access to higher education. At the same time internationally comparative evidence yields that Germany features particularly low...
Persistent link: https://www.econbiz.de/10005822267
In this paper we examine whether where one acquires their human capital matters in earnings regressions. We focus on a nationally-representative US data set and find that there is little difference between a measure of total years of education and measures for US and foreign-based years of...
Persistent link: https://www.econbiz.de/10005822313
We develop a non-rational expectation econometric model of sequential schooling decisions. Using unique Italian panel … Arrow-Pratt degree of absolute risk aversion) is posterior to schooling decisions, it depends on current wealth realizations …
Persistent link: https://www.econbiz.de/10005822705
Census. Earnings are shown to increase with schooling, pre-immigration experience and duration in Canada, as well as with … complementarity between language skills and both schooling and pre-immigration experience. That is, greater proficiency in the … official languages enhances the effects on earnings of schooling and pre-immigration labor market experience. Language …
Persistent link: https://www.econbiz.de/10005822761