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Stated and Revealed Heterogeneous Risk Preferences in Educational Choice
Fossen, Frank M.; Glocker, Daniela - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010737594
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Stated and Revealed Heterogeneous Risk Preferences in Educational Choice
Fossen, Frank M.; Glocker, Daniela - Institute for the Study of Labor (IZA) - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010743492
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Stated and Revealed Heterogeneous Risk Preferences in Educational Choice
Fossen, Frank M.; Glocker, Daniela - Forschungsbasierte Infrastruktureinrichtung … - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010744676
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Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010956162
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Expected Future Earnings, Taxation, and University Enrollment: A Microeconometric Model with Uncertainty
Fossen, Frank M.; Glocker, Daniela - 2009
. In addition to income uncertainty, the enrollment model takes into account university dropout and unemployment risks, as …-tax income. To estimate the impact of taxes on university enrollment, we develop and estimate a structural microeconometric model … enrollment decision, accounting for multiple nonrandom selection and employing a microsimulation model to account for taxation …
Persistent link: https://www.econbiz.de/10011600884
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Regional measures of human capital in the European Union
Dreger, Christian; Erber, Georg; Glocker, Daniela - 2010
The accumulation of the human capital stock plays a key role to explain the economic performance across regions. However, empirical evidence for this claim has been not very convincing, probably due to low quality of the data. This paper provides a robustness analysis of alternative human...
Persistent link: https://www.econbiz.de/10011332357
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Expected Future Earnings, Taxation, and University Enrollment: A Microeconometric Model with Uncertainty
Glocker, Daniela; Fossen, Frank M. - 2010
-tax income. To estimate the impact of taxes on university enrollment, we estimate a structural microeconometric model, in which a …-tax income for German high-school graduates, accounting for nonrandom selection. The enrollment model takes into account … university dropout and unemployment risks. Consistently with expectations, the estimation results indicate that higher expected …
Persistent link: https://www.econbiz.de/10010270139
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Expected future earnings, taxation, and university enrollment: a microeconometric model with uncertainty
Fossen, Frank M.; Glocker, Daniela - 2009
. In addition to income uncertainty, the enrollment model takes into account university dropout and unemployment risks, as …-tax income. To estimate the impact of taxes on university enrollment, we develop and estimate a structural microeconometric model … enrollment decision, accounting for multiple nonrandom selection and employing a microsimulation model to account for taxation …
Persistent link: https://www.econbiz.de/10010271097
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The effect of student aid on the duration of study
Glocker, Daniela - 2009
a discrete-time duration model allowing for competing risks to account for different exit states (graduation and dropout …
Persistent link: https://www.econbiz.de/10010271124
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Regional measures of human capital in the European Union
Dreger, Christian; Erber, Georg; Glocker, Daniela - 2009
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10010291780