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Despite the lower quality of education provided Africans compared with whites in South Africa, the percentage wage gains associated with additional years of primary, secondary, and higher education are substantially larger for Africans than for whites in 1993, and they increase for both race...
Persistent link: https://www.econbiz.de/10010369223
This paper compares reform ownership in Ghana and Tanzania over the past two decades. It finds that on several … dimensions, Ghana’s early economic reforms enjoyed a high degree of ownership. That ownership was not embedded, however, in a …-generation reforms, the move to multi-party democracy and the exponential increase in aid contributed to a decline in ownership in Ghana …
Persistent link: https://www.econbiz.de/10010279112
Raising the quality of education has been one of the main objectives of the current government in Britain. By devoting more resources to the education sector, it is expected that pupils will achieve higher educational attainment by the time their years of compulsory schooling ends. This study...
Persistent link: https://www.econbiz.de/10010290629
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10010325994
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...
Persistent link: https://www.econbiz.de/10010277025
This paper uncovers evidence on the distribution of wages in Belarus in the second half of the 1990s. The returns to education and work experience are high and stable, which is atypical for a transition country. This might be due to the pervasive role of the state in fixing wages in the dominant...
Persistent link: https://www.econbiz.de/10010261890
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...
Persistent link: https://www.econbiz.de/10010262344
This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980?s. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock such as a skill-biased technological change. Since the...
Persistent link: https://www.econbiz.de/10010262368
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10010262376
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10010262728