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It has been argued that increased life expectancy raises the rate of return on education, causing a rise in the … investment in education followed by an increase in lifetime labor supply. Empirical evidence of these relations is rather weak … dependence of hazard rates, which determine individuals' behavioral response w.r.t. education, work and age of retirement …
Persistent link: https://www.econbiz.de/10010276619
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
This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …
Persistent link: https://www.econbiz.de/10010264226
separating level of education does not depend on the observability of workers' types. On the other hand, when workers are also … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning. …
Persistent link: https://www.econbiz.de/10010268897
optimal levels of effort to all students. Because this scheme employs only ordinal information, our scheme allows education … that education authorities can employ our scheme as a means of providing incentives for educators while employing a …
Persistent link: https://www.econbiz.de/10010271329
-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …
Persistent link: https://www.econbiz.de/10011374053
the leading principle of the Dutch education system since the beginning of the 20th century. Based on panel data for the … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …
Persistent link: https://www.econbiz.de/10011377312
Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …
Persistent link: https://www.econbiz.de/10011379198
firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …
Persistent link: https://www.econbiz.de/10009757285
also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …
Persistent link: https://www.econbiz.de/10011521209