Showing 1 - 10 of 504
In this paper we analyze the role played by self-confidence, modeled as beliefs about one's ability, in shaping task choices. We propose a model in which fully rational agents exploit all the available information to update their beliefs using Bayes’ rule, eventually learning their true type....
Persistent link: https://www.econbiz.de/10010594738
We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children. We estimate production functions for cognitive and socio-emotional skills as a function of...
Persistent link: https://www.econbiz.de/10011166038
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...
Persistent link: https://www.econbiz.de/10011207840
The paper focuses particularly on proving that education can lead to economic growth within five groups of EU Member States. Our study reviews the human capital from its quantitative (years of study) and qualitative (education quality) dimensions, the empirical panel data analysis being based on...
Persistent link: https://www.econbiz.de/10010686913
British labour market between 1980 and 1992. Following a discussion of the learning and knowledge economy, cross …-sectional employment data are analysed to ascertain which occupations can be classified as knowledge-based. Longitudinal career history … data are then used to trace the flows of these `knowledge workers' over time. Sectoral shifts are examined, with a …
Persistent link: https://www.econbiz.de/10005622473
We analyze the co-evolution of the performances of firms and of the economy in an evolutionary micro-to-macro model of the Swedish economy. The model emphasizes the interactions between human capital (or competences) and technological change at the firm level and their effects on aggregate...
Persistent link: https://www.econbiz.de/10005622445
Relative to those for high school graduates, lifetime earnings for college graduates are higher for more recent cohorts. At the same time, across successive cohorts born after 1950, there is a stagnation in the fraction of high school graduates that go on to complete a college degree. What...
Persistent link: https://www.econbiz.de/10010906789
We use aggregate PISA data for 19 countries over the period 2000–2009 to study whether a higher share of immigrant pupils affects the school performance of natives. We find evidence of a negative and statistically significant relationship. The size of the estimated effect is small: doubling...
Persistent link: https://www.econbiz.de/10010688175
This study evaluates a comprehensive university access program that provides financial, academic and social support to low socioeconomic students using a natural experiment which exploits the time variation in the expansion of the program across high schools. Overall, we find positive treatment...
Persistent link: https://www.econbiz.de/10010776797
In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...
Persistent link: https://www.econbiz.de/10010594608