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We show why considering a number of education-dependent covariates in the wage equation decreases coefficient of education in the wage equation. We use a meta-analysis of results for Portugal to show, empirically, that this is the case. The coefficient decreases when we use covariates that can...
Persistent link: https://www.econbiz.de/10001597568
Expected earnings and expected returns to education are seen by labor economists as a major determinant of educational attainment. In spite of this, the empirical knowledge about expectations and their formation is scarce. In this paper we report the results of the first systematic study of the...
Persistent link: https://www.econbiz.de/10001597590
In this paper we analyse educational choices and earnings of individuals at two different levels in the Portuguese educational system. At each potential exit level we consider two decisions: the decision to continue studying and the employment decision, whereas normally only the first decision...
Persistent link: https://www.econbiz.de/10001605159
The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...
Persistent link: https://www.econbiz.de/10001624887
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"In the light of the changes brought about by the Covid-19 pandemic, this book is essential reading, providing valuable insight into teaching economics both online and in a hybrid format. Diverse in scope, Teaching Economics Online combines past experience with innovative ideas on how to design...
Persistent link: https://www.econbiz.de/10015072977
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