This paper studies educational choices in a signaling setting in segmented labor markets. We show that in the presence of heterogeneous working ability imperfectly correlated with schooling costs, equilibria characterized by overeducation may arise. The quality of education is crucial in...

This piece of work intends to go in depth into the knowledge of the time that students devote to different activities throughout their life as university students, on the ground of the Consumption Theory that assumes an utility maximization behavior on the students’ side. Additionally, for a...

This paper presents the results of econometric study on predicting first-year grade point average and dropout probability with national examination (EGE) results at the bachelor program in Economics in the Higher School of Economics. The use of a sum of four exams — math, social studies,...

This paper examines the effect of working during higher education on academic progression, in terms of number of credits acquired by first-year university students in Italy. We discuss different contrasting hypotheses on the role of employment during university on academic outcomes: the zero-sum...

In OECD countries, ‘real world’ upper-secondary vocational education and training (VET) programs are used to engage less academically oriented youth in learning, while helping to prepare them for post-school work and/or further education. In general terms, VET programs with high employer...

El presente documento describe la evolución del mercado laboral profesional en el Total de las Trece Áreas Metropolitanas (TTAM) y desarrolla un modelo que permite calcular la probabilidad que un profesional este desempleado. Se utiliza la información de los segundos trimestres de la Encuesta...

A lengthy literature estimating the returns to education has largely ignored the for-profit sector. In this paper, we estimate the earnings gains to for-profit college attendance using restricted-access data from the 1997 National Longitudinal Survey of Youth (NLSY97). Using an individual fixed...

In the context of concerns about skills shortages and an ageing workforce, increased participation in education and training is often seen as a potential stimulant to increased labour force engagement. Despite this, relatively little is known about the trade-offs made in the study and training...

This paper assesses the impact the Great Recession had on individuals' transitions to and from unemployment in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to unemployment increased. The results indicate that young...

Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility-maximizing decision-maker across common asymmetric information environments. I develop the...