We study the labor market returns to a State guaranteed loan used to finance university degrees in Chile. Using a regression discontinuity design, we show that marginally eligible students forego vocational education in favor of universities but reduce their probability of graduation. Despite...

How does the financial aid allocation mechanism affect student behavior? We provide a framework for quantifying the impact of financial aid on student debt, academic capital, and labor market outcomes. We specify and estimate a dynamic discrete choice model of simultaneous education, work, and...

This paper presents a connecting methodology in order to trace the emerging dynamics of inequality for the youth populace of Europe. We determine that the development of these dynamics are directly affected by the advancement of technology, and especially related to Information and Communication...

Racial inequality in economic outcomes, particularly among the college educated, persists throughout US society. Scholars debate whether this inequality stems from racial differences in human capital (e.g., college selectivity, GPA, college major) or employer discrimination against black job...

This paper models the university-to-work transition in a stochastic dynamic environment, where students may study and work simultaneously. Student employment decisions depend on academic achievement, labor market opportunities, and expectations about the future. Estimation of the structural...

Designing an effective framework for financing higher education is a major issue facing policymakers in developed and developing countries. While we have a good understanding of how college financing options affect students college outcomes in developed countries, less is known about the impact...

The UK government is introducing new sets of indicators designed to measure the performance of universities. A first wave of indicators was published in December 1999. A performance indicator based on graduate employment outcomes will follow. This paper proposes a method for developing...

This paper investigates gender-based segregation across different fields of study at the post-secondary level of schooling, and how that affects subsequent labour market outcomes of men and women. Using a nationally representative longitudinal data-set from India, we provide evidence that there...

This paper investigates gender-based segregation across different fields of study at the postsecondary level of schooling, and how that affects subsequent labour market outcomes of men and women. Using a nationally representative longitudinal data-set from India, we provide evidence that there...

The economics literature on the international migration of skilled workers is reviewed and recent policy trends are evaluated. The theoretical implications of skilled migration are discussed within the context of the benefits to the skilled immigrant, the sending country, and the receiving...