We analyze the consequences of a teenage pregnancy event in the short- and long-run in Mexico. Using longitudinal and cross-section data, we match females who got pregnant and those that did not based on a propensity score. In the short-run, we find that a teenage pregnancy causes a decrease of...

This paper estimates the impact of elite school attendance on long-run outcomes including completed education, income and fertility. Our data consists of individuals born in the 1950s and educated in a UK district that assigned students to either elite or non-elite secondary schools. Using...

Free school choice has often been argued to be a tide that lifts school quality through increased competition. This paper analyzes the underlying assumption that school quality is an important choice criterion for parents. Using a large and representative data set of over 15,000 Dutch primary...

This paper proposes and estimates a model of demand for and supply of graduations in tertiary education, which is then used to construct forward-looking scenarios for graduation rates by country. Consistent with evidence that economic returns to education have remained high in spite of rising...

The paper estimated the marginal private and social rates of return for education investments over time (1988, 1990, and 1995) using the “elaborate method” and Mincer equation. Rates of return estimates in general were relatively stable, mostly increasing between 1988 and 1990, but fell in...

This report presents the macro data on educational reforms collected for the Survey on Health, Ageing and Retirement in Europe (SHARE). The first and chore part provides an analytical overview of the educational reforms that may have affected the skill level of Europe’s elderly population....

We propose a model of schooling that can account for the observed heterogeneity in workers' productivity and educational attainment. Identical unskilled agents can get a degree at a cost, but becoming skilled entails an additional unobservable effort cost. Individual labor can then be used as an...

The paper examines UK PhD completion and withdrawal rates, in a competing risks framework, using the 1986 National Survey of 1980 Graduates. The statistical problem of thresholding of completion data is also addressed. We argue that our results suggest that there are problems with the use of PhD...

Since Georgia unveiled its HOPE Scholarship in 1993, at least 15 other states have implemented or proposed merit-aid programs based on the HOPE model. A common justification for these actions is to promote and reward academic achievement, thereby inducing greater investments in human capital....