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Enrolment rates to higher education reveal quite large variation over time which cannot be explained by productivity … fluctuations in the demand for education. Agents are heterogeneous in their beliefs about future wage differentials. An … belief. Costly access to information on the returns to education induces agents to use potentially destabilizing backward …
Persistent link: https://www.econbiz.de/10010303986
Enrollment rates to higher education reveal quite large variation over time which cannot be explained by productivity … fluctuations in the demand for education. Agents are heterogeneous in their beliefs about future wage differentials. An … belief. Costly access to information on the returns to education induces agents to use potentially destabilizing backward …
Persistent link: https://www.econbiz.de/10014031777
predictive of their life outcomes. Higher self-control is associated with better health, education, and employment outcomes as …
Persistent link: https://www.econbiz.de/10012792212
This paper examines the impact of teamwork on sell-side analysts' performance. Using a hand-collected sample of over 50,000 analyst research reports, we find that analyst teams issue more than 70% of annual earnings forecasts. In contrast, most prior research implicitly assumes that forecasts...
Persistent link: https://www.econbiz.de/10012052460
characteristics, specifically parents education and own height, conditional on the covariates typically controlled for in these …
Persistent link: https://www.econbiz.de/10013099731
The paper makes use of conventional manpower and educational planning methods by formulating and applying a forecasting model of labour imbalances in terms of demand and supply for occupational types and educational levels. The aim of public policy is to close the gaps in the absence of labour...
Persistent link: https://www.econbiz.de/10013015327
We provide a formula for the tax rate at the top of the Laffer curve as a function of three elasticities. Our formula applies to static models and to steady states of dynamic models. One of the elasticities that enters our formula has been estimated in the elasticity of taxable income...
Persistent link: https://www.econbiz.de/10012903838
Many government policies affect incentives to acquire human capital. Two workhorse models dominate the literature analyzing these policies: Learning by Doing (LBD) and Ben-Porath (BP). This paper makes two novel findings related to these models. First, LBD and BP generate different predictions...
Persistent link: https://www.econbiz.de/10013246209
Persistent link: https://www.econbiz.de/10003346898
Persistent link: https://www.econbiz.de/10009570795