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about a year on average and gain about 8% higher wages; women obtained a slightly greater increase in education and a … similar increase in wages. Clearly, there was a sizeable gain from being born late enough to take advantage of the greater …
Persistent link: https://www.econbiz.de/10009731763
The booms and busts in U.S. stock prices over the post-war period can to a large extent be explained by fluctuations in investors' subjective capital gains expectations. Survey measures of these expectations display excessive optimism at market peaks and excessive pessimism at market throughs....
Persistent link: https://www.econbiz.de/10011490485
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Do students benefit from compulsory schooling? In an important article, Oreopoulos (2006) studied the 1947 British …
Persistent link: https://www.econbiz.de/10009724988
association between wages and college degree is due to the causal effect of a college degree and how much is due to unobserved … factors that influence both wages and education (e.g. ability). In this paper, I use the 1970 British Cohort Study to examine …
Persistent link: https://www.econbiz.de/10009731743
data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and …
Persistent link: https://www.econbiz.de/10009733759
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