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We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …
Persistent link: https://www.econbiz.de/10012453515
The United States led all other nations in the development of universal and publicly-funded secondary school education and much of the growth occurred from 1910 to 1940. The focus here is on the reasons for the high school movement' in American generally and why it occurred so early and swiftly...
Persistent link: https://www.econbiz.de/10012472366
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10012462807
Traditional human capital theory emphasizes a worker's investment in knowledge. However, when a worker is faced with day-to-day problems on the job, the solutions to the problems often require more knowledge from a team of experts within the firm. When a worker taps into the knowledge of...
Persistent link: https://www.econbiz.de/10012463031
Decisions to invest in human capital depend on people's time preferences. We show that differences in patience are closely related to substantial subnational differences in educational achievement, leading to new perspectives on longstanding within-country disparities. We use social-media data -...
Persistent link: https://www.econbiz.de/10014372447
predictions of the human capital model. The growing dispersion of international students to emerging economies and continuing …
Persistent link: https://www.econbiz.de/10012479871
In this paper, we exploit new data to assess gender differences in pre-labor market specialization among the college educated and highlight how those differences have evolved over time. We highlight new results pertaining to gender differences in the mapping between undergraduate major and...
Persistent link: https://www.econbiz.de/10012480292
This paper studies the nature and impact of credit constraints in the market for human capital. We derive endogenous constraints from the design of government student loan programs and from the limited repayment incentives in private lending markets. These constraints imply cross-sectional...
Persistent link: https://www.econbiz.de/10012464735
quantify how much these preferences influence pre-labor market human capital investments. Undergraduate students are presented …In the second part of the paper, we relate these job attribute preferences to major choice. Using data on students …' perceptions about the demand side of the labor market--beliefs about expected attributes of jobs students anticipate being offered …
Persistent link: https://www.econbiz.de/10012456502
programs' joining the platform led students to start college sooner and raised the share of students who graduated on time. We … students' ranked-ordered applications, on- and off-platform enrollment, and on-time graduation outcomes. When more programs … graduation rates. High-SES students have greater access to off-platform options, and gains from platform expansion are larger for …
Persistent link: https://www.econbiz.de/10013334474