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ability students. Such grade inflation is shown to reduce the aggregate wage of the lower class workers because employers use … social origin as a signal for productivity if grades are less than fully informative. Moreover, the high-ability students … students from the lower classes. …
Persistent link: https://www.econbiz.de/10010298081
This paper estimates the short-term effects of the introduction of the Bachelor degree in the framework of the Bologna Process on college enrollment and drop-out rates. We use variation in the timing of the Bachelor implementation at the department level to identify the effect of the reform...
Persistent link: https://www.econbiz.de/10010300011
-induced certification acts as an inspection device, seller-induced certification as a signalling device. Seller-induced certification …
Persistent link: https://www.econbiz.de/10010306003
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10010306611
We study the relative performance of the first-price sealed-bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal information through their bidding behaviour to an outside observer. We consider two different...
Persistent link: https://www.econbiz.de/10012502954
This paper investigates the development of basic cognitive, motor and noncognitive abilities from infancy to adolescence. We analyse the predictive power of these abilities, initial risk conditions and home resources for children's achievement. Our data are taken from the Mannheim Study of...
Persistent link: https://www.econbiz.de/10010298681
This paper analyses the determinants of participation in higher education in West Germany. In particular, the role of social origin as well as of expectations regarding the labour market outcome of a higher education degree and of public educational policy are examined. The estimations are based...
Persistent link: https://www.econbiz.de/10010297724
traditional degree program has affected first-year students' satisfaction. Three dimensions of student satisfaction are focused … indicator for students' personal problems within the academic context. The selection into the type of program is taken into … point to minor differences between the programs. The outcomes are slightly more favorable for students in the new programs …
Persistent link: https://www.econbiz.de/10010300510
experiment. Is the centralized or decentralized procedure better suited to match prospective students to universities? The … analysis uses administrative data on all students within Germany and complements the prominent theoretical literature on …
Persistent link: https://www.econbiz.de/10010310889
groups of students performed so differently by estimating educational production functions, using an extension study with … method. The analysis shows that German students have on average more favorable characteristics and experience slightly higher … returns to these characteristics in terms of test scores than immigrant students. The later enrolment of immigrant students …
Persistent link: https://www.econbiz.de/10010297427