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differences over the past 60 years for several income measures. We also document concomitant changes in enrollment and provide a … preliminary analysis suggesting that enrollment has responded to the increase in educationwage premiums. We use NLSY data to … document the variation in enrollment patterns for those who attend college and to show how these differences are related to pre …
Persistent link: https://www.econbiz.de/10014023737
This paper develops a comprehensive framework for the quantitative analysis of the private and fiscal returns to schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 member states of the European Union. For each of these...
Persistent link: https://www.econbiz.de/10010261133
This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the...
Persistent link: https://www.econbiz.de/10010261575
In this paper we develop a structural model for job search behavior of students entering the labor market. The model includes endogenous search effort and on-the-job search. Since students usually do not start a regular job before graduation but start job search earlier, our model is non...
Persistent link: https://www.econbiz.de/10010261923
This paper develops a multi-period model, in which workers are matched with jobs according to imperfect educational signals and in which their subsequent productivities depend on both their inherent ability and on the quality of the job match. It outlines a sequential process, in which underpaid...
Persistent link: https://www.econbiz.de/10010261976
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
This study addresses the question: Are workers who hold a university degree increasingly filling job openings meant for people with lower levels of schooling? It focuses on Portugal, where the higher education system has been expanding at a fast pace and the share of university graduates in...
Persistent link: https://www.econbiz.de/10010262056
This study provides the first set of estimates of the returns to schooling over an extended period in Russia and Ukraine (1985-2002). There has been an increase in returns to schooling in both countries but the increase is much bigger in Russia than in Ukraine. The intriguing question is why...
Persistent link: https://www.econbiz.de/10010262067
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio-economic status. We assess whether meritocracy has increased in both the British education system and labour market. The richness of our longitudinal data enables us to look at...
Persistent link: https://www.econbiz.de/10010262171
In this paper we analyse educational choices and earnings of individuals at two different levels in the Portuguese educational system. At each potential exit level we consider two decisions: the decision to continue studying and the employment decision, whereas normally only the first decision...
Persistent link: https://www.econbiz.de/10010262437