Showing 1 - 10 of 54
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10011411833
Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased estimates for a number of reasons. Consequently, if...
Persistent link: https://www.econbiz.de/10011316913
Persistent link: https://www.econbiz.de/10001685756
Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased estimates for a number of reasons. Consequently, if...
Persistent link: https://www.econbiz.de/10001440964
Persistent link: https://www.econbiz.de/10001496037
Persistent link: https://www.econbiz.de/10013424166
Persistent link: https://www.econbiz.de/10000980964
in Italy between the end of IIWW and the end of 1980s had a significant impact on the educational attainment and labor …
Persistent link: https://www.econbiz.de/10011589663
Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...
Persistent link: https://www.econbiz.de/10011336851
Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a … larger share of the population involved in human capital investment faces high marginal costs in Italy compared to the …
Persistent link: https://www.econbiz.de/10011325989