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This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3), 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding...
Persistent link: https://www.econbiz.de/10012547022
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3) 2008, 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this...
Persistent link: https://www.econbiz.de/10012550294
primary school education from 7 to 8 years. At the same time, the reform did not affect the education system at post …-primary levels, that is the system of secondary and higher education. In result, all education tracks were extended by one year … reform had a negative impact on the hourly earnings of individuals with primary education. …
Persistent link: https://www.econbiz.de/10012131245
nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went …
Persistent link: https://www.econbiz.de/10011770417
Recent studies exploring sibling rivalry in the allocation of household resources in the U.S. produce conflicting results. We contribute to this discussion by addressing the role of sibling rivalry in educational attainment in Germany. Using the German Socioeconomic Panel (GSOEP) we are able to...
Persistent link: https://www.econbiz.de/10011336863
The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in … Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a …
Persistent link: https://www.econbiz.de/10011325989
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10011325999
This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...
Persistent link: https://www.econbiz.de/10010338707
education, which lowers future wages, and the present value of foregone wages decreases with age. Consumption is hump shaped …
Persistent link: https://www.econbiz.de/10010365130
creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that …
Persistent link: https://www.econbiz.de/10010406921