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Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic mothers and fathers make investments in their...
Persistent link: https://www.econbiz.de/10014480401
.Our estimation results indicate that sheepskin effects explain about 50%of the total returns to schooling.We further find that …
Persistent link: https://www.econbiz.de/10010261010
Previous empirical specifications are not flexible enough to capture the true pattern of sheepskin effects over time. If the quality of the match between the worker and the job contributes to earnings and if higher ability workers more easily reveal their true productivity, sheepskin effects...
Persistent link: https://www.econbiz.de/10010261977
Using data for the 1990?s, this paper examines the role of sheepskin effects in the returns to education for Japan. Our estimations indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effects are only important for workers in small...
Persistent link: https://www.econbiz.de/10010262629
earn lower wages, but have higher returns to education. This supports the view that persons from less-educated backgrounds …
Persistent link: https://www.econbiz.de/10010297750
measure of wages used and the estimation approach applied. Combining information from two different Polish surveys from 2005 … on whether we use net or gross, and monthly or hourly wages, and show how important selection correction is for the … comprehensive analysis of the effects of using different methods and the issue of selection-correction in the estimation of the wage …
Persistent link: https://www.econbiz.de/10010276050
The Swedish adult education program known as the Knowledge Lift is unprecedented in its size and scope, aiming to raise the skill level of all low-skilled workers towards the medium level. This paper evaluates the effects of program participation on individual labor market outcomes, notably...
Persistent link: https://www.econbiz.de/10010262217
Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well as...
Persistent link: https://www.econbiz.de/10010289876
Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well as...
Persistent link: https://www.econbiz.de/10010323787
comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive …
Persistent link: https://www.econbiz.de/10011600980