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Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of … have a strong effect on the later risk of overeducation. The quality of the vocational training chosen only impacts on the … overeducation risk when the strong selectivity effects in certain types of schools and types of vocational training are not taken …
Persistent link: https://www.econbiz.de/10011403075
overeducation implying a loss of human capital for individuals and ineffective use of resources for the economy. To make informed … decisions, policymakers need to understand how different types of workers and firms are affected by overeducation and skill …
Persistent link: https://www.econbiz.de/10011434453
This paper proposes an approach to identifying the education production function with endogenous inputs, and applies it in the context of part-time employment decisions by UK teenagers in compulsory education. We identify simultaneously the effect of part-time employment and latent endogenous...
Persistent link: https://www.econbiz.de/10010504568
Disruptions in family life can take many forms, but all have the potential to impact student learning. With school administrative data matched to birth records, I estimate the effect of unexpected changes in the home environment, or family shocks, on achievement. Identification comes from...
Persistent link: https://www.econbiz.de/10011296058
We identify the effects of part-time employment, study time at home, and attitudes in school, in the production function for educational performance among UK teenagers in compulsory education. Our approach identifies the factors driving differences between the reduced form 'policy effect' of...
Persistent link: https://www.econbiz.de/10011494086
This paper substantiates the debate following Richard Florida’s suggestion to measure regional human capital by creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that relates creativity to workers’ cognitive and...
Persistent link: https://www.econbiz.de/10010406921
Pietro Sancassani prepared this study while he was working at the Center for Economics of Education at the ifo Institut. The study was completed in March 2023 and accepted as a doctoral thesis by the Department of Economics at the LMU Munich. It consists of four distinct empirical essays and...
Persistent link: https://www.econbiz.de/10014327358
In recent years there has been a plethora of empirical papers by economists concerning the effects of academic rank in school or college on subsequent outcomes of students. We review this recent literature, describing the difficult identification and measurement issues, the assumptions and...
Persistent link: https://www.econbiz.de/10013040930
Peacetime military service has both positive and negative effects on human capital. While it depreciates academic abilities it also enhances non-cognitive skills. The net effect of conscription is hard to identify due to issues of self-selection, endogenous timing and omitted variables bias. We...
Persistent link: https://www.econbiz.de/10012262207
We focus on human capital measured by education outcomes (skills) and establish the relationship between human capital, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the recent literature has relied on school attainment rather...
Persistent link: https://www.econbiz.de/10011595984