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This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on understanding how the assumptions made to justify and implement such methods relate to the underlying economic model and the interpretation of the results. We start by...
Persistent link: https://www.econbiz.de/10013143183
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...
Persistent link: https://www.econbiz.de/10013024492
We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone...
Persistent link: https://www.econbiz.de/10013224392
Improving school quality with limited resources is a key issue of policy. It has been suggested that instructing teachers to follow specific practices together with tight monitoring of their activities may help improve outcomes in under-performing schools that usually serve poor populations....
Persistent link: https://www.econbiz.de/10012981622
"This Research Collection surveys the main contribution to labor supply decisions within the family. It covers both theory, from the initial 'unitary' model that postulates that the family behaves as a single decision maker, to modern 'collective' approaches that concentrates on differences in...
Persistent link: https://www.econbiz.de/10012698086
Recommended readings (Machine generated): 1. Gary S. Becker (1965), 'A Theory of the Allocation of Time', Economic Journal, 75 (299), September, 493-517 2 -- 2. Reuben Gronau (1973), 'The Intrafamily Allocation of Time: The Value of the Housewives' Time', American Economic Review, 63(4),...
Persistent link: https://www.econbiz.de/10012432085