2011 to estimate average long run earnings returns on higher education for 29- to 55-year-olds who enrolled 1992-1993. We …

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …

also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …

strategies to higher education. The starting hypothesis of this study is that students consider the expected utility of their …-priced education. The results of this paper confirm that both expected wages and admission probabilities determine students …

This paper tests whether and how two education policies: (i) increasing the length of compulsory education and (ii … construct a novel data base that includes information on education reforms for thirty-one countries spanning four decades … education reduces the number of emigrants by almost 10%. Increasing the length of compulsory education shifts educational …

This paper examines the long-run effects of the 1980-1982 recession on education and income. Using confidential Census …

education. The return to college is estimated at 49.8% using a conventional Mincer-type specification and averages 37.1% using …-ability students select into higher education. Additional tests show that the results are unlikely to be driven by sample selection …

education closures to estimate the loss in marginal future earnings. The findings show that the school closures reduce future …