education, which lowers future wages, and the present value of foregone wages decreases with age. Consumption is hump shaped …

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

The paper estimates the returns to education for a cohort of individuals born in Britain in March 1958 who have been … education, social class and interest shown in the child's education as well as measures of ability. The nature of our data … from measurement error in education qualification variables which have been found to be important in other studies. The …

the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed …

's education levels. To account for this, Ashenfelter and Rouse (1998) provided two reports of each twin's education level. One is … (2016)), to show this may be enough information to identify the underlying true education level without requiring additive … measurement errors. The estimated returns to education are shown to be either the same or below the IV estimates presented in …

of peer effect we restrict to no-child-adult-peers who completed their education much before the children in our sample …

Several reasons are responsible for income disparity across different nations. Education established itself to be the … primary reason for such disparities. Therefore, estimation of return on investments in education has become a great concern of … investments in education and found lower return for developing and least developed countries. Therefore, the study aimed to …

discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …

This paper explores students' expectations about the returns to completing higher education and provides first evidence … different stages of higher education. Our findings indicate substantial perceived returns to higher education. Moreover, by … education premia as well as evidence consistent with employer learning. …

This paper explores students' expectations about the returns to completing higher education and provides first evidence … stages of higher education. Our findings indicate substantial perceived returns to higher education. Moreover, using within …-enhancing (human capital) returns seem to be less pronounced. Over the expected course of career, we find lasting education premia as …