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induces some students to drop out of school. The GED program is unique to the United States and Canada, but provides policy …
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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...
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students from improving their long-run welfare. We evaluate the recent but rapidly growing efforts to develop policies that …
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