Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding result with Cobb-Douglas technology and migration which...

We study how the education and retirement decision of a representative individual is affected by the demographic trend. Individuals optimally choose the date at which they leave school to work and at which they retire. Applying an OLG-model with a pay-as-you-go social security system we show how...

Recent studies exploring sibling rivalry in the allocation of household resources in the U.S. produce conflicting results. We contribute to this discussion by addressing the role of sibling rivalry in educational attainment in Germany. Using the German Socioeconomic Panel (GSOEP) we are able to...

During World War II, more than half a million tons of bombs were dropped in aerial raids on German cities, destroying about one-third of the total housing stock. This paper provides causal evidence on long-term consequences of large-scale physical destruction on the educational attainment,...

Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding result with Cobb-Douglas technology and migration which...

One considers a model of accumulation of the human capital in the presence of the international migration offers. One shows that under certain conditions,this option can support the increase in the stock of the national human capital by taking of account the externalities. Thus the `brain drain'...

This paper examines the long-term direct and spillover effects of large-scale human capital loss caused by the persecution of Jewish professionals in Nazi Germany. Using region-by-cohort variation in the Jewish population as a quasi-experiment, we find that on average German children who were of...

School accountability systems that establish the adoption of incentives for teachers and school managers usually impact positively students’ performance. However, in many circumstances, school accountability systems may face institutional restrictions to establish rewards and sanctions to...

A tanulmány azt vizsgálja, hogyan alakult az egyes oktatási fokozatok egyéni és társadalmi megtérülési rátája, valamint az egyes végzettségek megszerzésének támogatottsága 1971ben, 1986ban és 1993ban. Az eredmények azt mutatják, hogy 1971 és 1993 között a...

One of the most wide-ranging reforms in public education in the last decade has been the reorganization of large comprehensive high schools into small schools with roughly 100 students per grade. We use assignment lotteries embedded in New York City's high school match to estimate the effects of...