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Assessing the returns to education in Georgia
Khitarishvili, Tamar - 2010
The economic returns to education in transition countries have been extensively evaluated in the literature. The present study contributes to this literature by estimating the returns to education in Georgia during the last transition period 2000-04. We find very low returns to education in...
Persistent link: https://www.econbiz.de/10010286544
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Returns to Education in Professional Football
Böheim, René; Lackner, Mario - 2011
After three years in the National Collegiate Athletic Association (NCAA), collegiate football players face a trade-off between spending more time in the NCAA and pursuing a career in the National Football League (NFL) by declaring for the draft. We analyze the starting salaries and signing...
Persistent link: https://www.econbiz.de/10010294892
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Conditions for Rational Investment Short-Termism
Christodoulakis, George A. - Manchester Business School - 2006
investment projects of duration that deviates from its stated horizon objective. Our approachconsiders a context in which … investment horizon is subject to randomness and its length is optimally chosenby each firm’s manager so that to maximize his … ofhigher costs from managers’ investment duration over-statements (under-statements), results in a shift ofthe distribution of …
Persistent link: https://www.econbiz.de/10005870092
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Capital Adjustment Patterns in Swedish Manufacturing Firms: What Model do they Suggest?
Carlsson, Mikael; Laséen, Stefan - 2001
adjustment function implies that aggregate investment is relatively unresponsive to aggregate shocks in deep recessions as …
Persistent link: https://www.econbiz.de/10010321704
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What do exogenous shocks tell us about growth theories?
Noy, Ilan; Nualsri, Aekkanush - 2007
The sources of economic growth and development have been puzzling economists from the modern dawn of the profession. While the Solow-Swan neo-classical model dominated research on growth in the 1960s and 1970s, the 1980s saw the emergence of growth theories that disputed, largely on theoretical...
Persistent link: https://www.econbiz.de/10010285333
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OECD Agricultural Trade Reforms Impact on India's Prices and Producers Welfare
Mittal, Surabhi - 2007
equilibrium analysis. The four parts of this approximation are: first, the estimation of the world price effect of removal of OECD … (Organisation for Economic Co-operation and Development) distortions; second, estimation of the effects of changes in world prices … on domestic prices through a price transmission model; third, estimation of the impact on domestic production through a …
Persistent link: https://www.econbiz.de/10011807602
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The agricultural origins of time preference
Galor, Oded; Özak, Ömer - 2014
agricultural investment have had a persistent effect on the distribution of long-term orientation across societies. In particular … return to agricultural investment, triggered selection and learning processes that had a persistent positive effect on the …
Persistent link: https://www.econbiz.de/10011526704
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The Long Term Effect of Education Spending Decentralization on Human Capital in Spain
Merrouche, Ouarda - 2007
In 1980, seven out of the seventeen Spanish regions were devolved education spending responsibility. Using a difference-in-differences approach, which I show to be particularly credible in this context, I evaluate the long term effect of this reform on human capital. I find no robust evidence to...
Persistent link: https://www.econbiz.de/10010321516
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School choice and student achievement: New evidence on open-enrolment
Söderström, Martin - 2006
This paper studies the effects of open-enrolment on student performance in the context of an admission reform in Stockholm. Before 2000, students had priority to the public upper secondary school situated closest to where they lived, but from the fall of 2000 and onwards, admission is based on...
Persistent link: https://www.econbiz.de/10010317920
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Smoking, discount rates, and returns to education
Fersterer, Josef; Winter-Ebmer, Rudolf - 2000
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10010294523