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The Production of Human Capital in Developed Countries : Evidence from 196 Randomized Field Experiments
Fryer, Roland G. - 2016
Randomized field experiments designed to better understand the production of human capital have increased exponentially over the past several decades. This chapter summarizes what we have learned about various partial derivatives of the human capital production function, what important partial...
Persistent link: https://www.econbiz.de/10012995521
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Do Expenditures Other than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education
Webber, Douglas A. - 2010
During the last two decades, median instructional spending per full-time equivalent (FTE) student at American 4-year colleges and universities has grown at a slower rate than median spending per FTE student in a number of other expenditure categories including academic support, student services...
Persistent link: https://www.econbiz.de/10013151393
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Do Differences in Schools’ Instruction Time Explain International Achievement Gaps? Evidence from Developed and Developing Countries
Lavy, Victor - 2010
The time that children spend in school varies across countries. Do these differences explain international gaps in pupils' academic achievements? In this paper, I estimate the effects of instructional time on students' achievement using PISA 2006 data, which includes data samples from over 50...
Persistent link: https://www.econbiz.de/10013139755
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The Term Structure of Currency Carry Trade Risk Premia
Lustig, Hanno N. - 2013
Fixing the investment horizon, the returns to currency carry trades decrease as the maturity of the foreign bonds increases. The local currency term premia, which increase with the maturity, offset the currency risk premia. The time-series predictability of foreign bond returns in dollars...
Persistent link: https://www.econbiz.de/10013073193
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Options-Pricing Formula with Disaster Risk
Barro, Robert J. - 2016
A new options-pricing formula applies to far-out-of-the money put options on the overall stock market when disaster risk is the dominant force, the size distribution of disasters follows a power law, and the economy has a representative agent with Epstein-Zin utility. In the applicable region,...
Persistent link: https://www.econbiz.de/10013001208
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Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation
Vogel, Edgar - 2013
accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these … retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in …
Persistent link: https://www.econbiz.de/10013085913
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Social Security and Retirement Around the World : Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms - Introduction and Summa...
Milligan, Kevin S. - 2011
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10013130978
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Social Security and Retirement Programs Around the World : The Capacity to Work at Older Ages – Introduction and Summary
Coile, Courtney - 2016
Retirement Around the World. The project compares the experiences of a dozen developed countries and uses differences in their … retirement program provisions to explore the effect of SS on retirement and related questions. The first three phases of this … project document that: 1) incentives for retirement from SS are strongly correlated with labor force participation rates …
Persistent link: https://www.econbiz.de/10012999984
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Social Security Programs and Retirement Around the World : Reforms and Retirement Incentives – Introduction and Summary
Börsch-Supan, Axel H. - 2018
Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …
Persistent link: https://www.econbiz.de/10012907741
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Social Security Programs and Retirement Around the World : The Relationship to Youth Employment, Introduction and Summary
Gruber, Jonathan - 2010
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012757997