Showing 1 - 10 of 132
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...
Persistent link: https://www.econbiz.de/10010325581
This paper explores how a conditional cash transfer program influences students’ schooling decisions when program payments stop in the middle of the school career. To that end, I examine Mexico’s Progresa, which covered students only until the end of middle school (at age 15) in its early...
Persistent link: https://www.econbiz.de/10012114806
Recent studies for primary and secondary education find positive effects of the share of girls in the classroom on achievement of boys and girls. This study examines whether these results can be extrapolated to post-secondary education. We conduct an experiment in which the shares of girls in...
Persistent link: https://www.econbiz.de/10010325671
To raise school attendance, many programs in developing countries eliminate orreduce private contributions to education. This paper documents an unintendednegative effect of such programs. Using data from a randomized experiment thatprovides free uniforms to primary school children in Ecuador,...
Persistent link: https://www.econbiz.de/10010325830
Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents’ information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...
Persistent link: https://www.econbiz.de/10010326017
To raise school attendance, many programs in developing countries eliminate or reduce private contributions to education. This paper documents an unintended negative effect of such programs. Using data from a randomized experiment that provides free uniforms to primary school children in...
Persistent link: https://www.econbiz.de/10014189439
Recent studies for primary and secondary education find positive effects of the share of girls in the classroom on achievement of boys and girls. This study examines whether these results can be extrapolated to post-secondary education. We conduct an experiment in which the shares of girls in...
Persistent link: https://www.econbiz.de/10014189201
Competitive environments often leave room for "dirty" practices such as sabotage, retaliation, or dishonesty. We use an online experiment to document aggregate levels and individual differences in the willingness to engage in dirty competition and in the willingness to enter competitions where...
Persistent link: https://www.econbiz.de/10015209867
This paper provides new insights on the importance of family background by linking 1.7 million Dutch children's incomes to an exceptionally rich set of family characteristics - including income, wealth, education, occupation, crime, and health. Using a machine learning approach, I show that...
Persistent link: https://www.econbiz.de/10015209973
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013356482