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We model the joint distribution of (i) individual education trajectories, defined by the allocation of time (semesters …
Persistent link: https://www.econbiz.de/10013260027
effects of real (as opposed to relative) family income on education have practically vanished between the early 1980's and the … unobserved characteristics, a $300,000 differential in family income generated more than 2 years of education in the early 1980's …
Persistent link: https://www.econbiz.de/10012227223
the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature. …
Persistent link: https://www.econbiz.de/10010282223
the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature. -- compulsory schooling reforms ; dynamic skill accumulation … ; comparative advantages ; returns to schooling ; education and growth ; dynamic discrete choice ; dynamic programming …
Persistent link: https://www.econbiz.de/10009522490
To design an optimal education policy, it is essential to account for the fertility differential between the poor and … children, determine the quality of children by choosing private expenditures on basic education in addition to public … expenditures on basic education, leave a bequest that could be used to finance college education. Moreover, there is an uncertainty …
Persistent link: https://www.econbiz.de/10010241308
This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth is likely to slow and become increasingly...
Persistent link: https://www.econbiz.de/10010374491
In Germany the foreign born population is made up of foreigners and so called "ethnic Germans" who migrated from eastern European countries to Germany. While the first group is confronted with problems arising from the typical German concept of ethnicity and citizenship, the latter are entitled...
Persistent link: https://www.econbiz.de/10010260753
the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature …
Persistent link: https://www.econbiz.de/10013117619
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and … individual differences in hours worked and education explain the remaining part almost equally. We show how our model is a … education. Finally, because policy changes induce simultaneous movements in observed choices and average per-year effects …
Persistent link: https://www.econbiz.de/10012960276
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and … individual differences in hours worked and education explain the remaining part almost equally. We show how our model is a … education. Finally, because policy changes induce simultaneous movements in observed choices and average per-year effects …
Persistent link: https://www.econbiz.de/10011625378