Showing 1 - 10 of 126
This paper studies how welfare outcomes in centralized school choice depend on the assignment mechanism when participants are not fully informed. Using a survey of school choice participants in a strategic setting, we show that beliefs about admissions chances differ from rational expectations...
Persistent link: https://www.econbiz.de/10012910305
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...
Persistent link: https://www.econbiz.de/10012758020
This paper reviews a set of recent studies that have attempted to measure the causal effect of education on labor market earnings by using institutional features of the supply side of the education system as exogenous determinants of schooling outcomes. A simple theoretical model that highlights...
Persistent link: https://www.econbiz.de/10013237248
The vast literature on human capital and earnings assumes that individuals know in advance that they will complete a particular program of schooling. This paper treats education as a sequential choice that is made under uncertainty. A simple two period structural model is used to explore the...
Persistent link: https://www.econbiz.de/10013245524
Students who attend different colleges in the U.S. end up with vastly different economic outcomes. We study the role of … outcomes of students who apply to and are admitted by the same set of institutions, as this approach strikingly balances …
Persistent link: https://www.econbiz.de/10014347229
particular, we use data on individual students' grades, SAT scores, and the SAT scores of their roommates at three schools to … three schools used, students in the middle of the SAT distribution do somewhat worse in terms of grades if they share a room … with a student who is in the bottom 15 percent of the SAT distribution. Students in the top of the SAT distribution appear …
Persistent link: https://www.econbiz.de/10013223048
Previous research has found evidence that wages in industries characterized as high tech,' or subject to higher rates … positive relationships between technological change and wages, and between technological change and the education premium. We …
Persistent link: https://www.econbiz.de/10013236786
The Mincer earnings function is the cornerstone of a large literature in empirical economics. This paper discusses the theoretical foundations of the Mincer model and examines the empirical support for it using data from Decennial Censuses and Current Population Surveys. While data from 1940 and...
Persistent link: https://www.econbiz.de/10013248669
much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10013246486
dataset from the four waves of international PISA tests spanning 2000-2009, comprising over one million students in 42 …
Persistent link: https://www.econbiz.de/10013118419