Investment in human capital generates significant private returns. Why do governments use public funds to subsidize an investment that has significant private benefits? In this paper, I explore the theoretical rationales for public intervention in education, with a particular focus on human...

Recent empirical studies show that the intergenerational persistence of economic status in the U.S. is much higher than previously thought. We develop a quantitative theory of inequality and intergenerational transmission of human capital where parents invest in early and college education of...

In this paper we have investigated the relationship between human capital proxied by the schooling level and fertility decisions for some EU countries. For this purpose we have resorted to a dynamic random effect probit model controlling for unobserved heterogeneity and initial problem, by using...

Statewide voucher plans are consistently rejected in plebiscites. This article explains voters' attachment to public education despite the schools' deficiencies: The public benefit of local schools accrues to parents, not children. Having children in a local school enables adults to get to know...

The paper maps publication outcomes of Czech sociologists in journals with impact factor within the last decade. The methodology we employ is similar to that used in recently published work analyzing the productivity of Czech economists. Our work is based on data from the Web of Science and...

Does more schooling causes a delay in marriage? Using a nationwide change in the compulsory schooling law in the UK as a source of exogenous variation in education, this paper estimates the causal effect of schooling on age at first marriage. The 1947 reform, which uniquely affected about a half...

We analyse the important role of education in economic development and social wellbeing of American countries, including indicators of gender opportunities for development as part of social well-being. In this regard we select some indicators which usually have a great importance for reaching...

This paper uses a computational general equilibrium model to analyze the impact of public school finance regimes on rates of private school attendance. It is shown that, when viewed in such a general equilibrium context, state intervention in local financed systems can have somewhat unexpected...

We exploit a rich high quality register-based employer-employee panel data set to investigate the incidence and intensity of government co-sponsored training for the Danish adult population. We focus specifically on training over the working life cycle and find that the levels of participation...

Contemporary migration studies witness an increasing interest in the socio-economicrole of networks of migrants. Such networks are sometimes even regarded as the mostimportant attraction and location factors for migration, and may even exceed purelyeconomic factors like unemployment and wage...