This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

For nearly 50 years academics have been studying how labor markets affect crime. The initial interesting and important theoretical and empirical work generated substantial interest in studying crime among economists, in particular, and scholars in the social sciences more broadly. This...

This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills – personality traits, goals, motivations, and preferences that are valued in the labor market, in...

In this paper I survey the recent economics of education literature in order to identify which education policies can effectively improve the quality of primary schooling, as measured by pupil test-based achievements. Particular attention is devoted to the experience of England, a country which...

Education policy-makers and practitioners want to know which policies and practices can best achieve their goals. But research that can inform evidence-based policy often requires complex methods to distinguish causation from accidental association. Avoiding econometric jargon and technical...