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The tendency to underestimate the future value of a variable growing at a constant rate, anexample of exponential growth bias, has been linked to household financial decision making.We show that exponential growth bias and standard measures of financial literacy arenegatively correlated in a...
Persistent link: https://www.econbiz.de/10009353904
tertiary education than their better-off peers. Thiscorrelation is often used to justify monetary transfers to families with … ability, motivation, education, and other aspects of the youngperson’s experience which differ between families, but are not a …
Persistent link: https://www.econbiz.de/10009353994
We exploit a universe dataset of state school students in England with linkedtest score records to document the evolution of attainment through school fordifferent ethnic groups. The analysis yields a number of striking findings. First,we show that, controlling for personal characteristics, all...
Persistent link: https://www.econbiz.de/10009354024
compare patterns of segregation across nineethnic groups, and across Local Education Authorities in England. Looking atboth …
Persistent link: https://www.econbiz.de/10009354027
involvement and the gender ofthe parent. Father interest in education has the strongest impact on earlierpoverty, especially at … age 11. Meanwhile, both father and mother interest inschool at age 16 have the largest direct impact on education. The … frequency ofoutings with mother at age 11 also has a larger direct impact on education thanoutings with father, however, neither …
Persistent link: https://www.econbiz.de/10009354030
Both educational attainment and school quality are typically lower indisadvantaged areas than others and much recent policy attention has beenfocused on each. This paper looks at the quality problem, exploring therelationships between disadvantaged contexts, what schools do, and the qualityof...
Persistent link: https://www.econbiz.de/10009354052
Truancy is often seen as irrational behaviour on the part of school ageyouth. This paper takes the opposite view and models truancy as thesolution to a time allocation problem in which youths derive currentreturns from activities that reduce time spent at school. The model isestimated using a US...
Persistent link: https://www.econbiz.de/10009354067
In this paper we will look at job creation and destruction in firms. We will answer the questionif it is the large companies that create jobs, while the smaller companies are contributingmuch less. Or is it the young companies that create jobs? And who destroys the most jobs?In the crisis...
Persistent link: https://www.econbiz.de/10009360550
How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences …? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US … labor forceparticipants. We show that education affects peoples’ decisions to become an entrepreneurnegatively. We show …
Persistent link: https://www.econbiz.de/10009360612
human capital and innovation are important for growth entrepreneurship,then higher education should have a significant role … requested information on graduates’ employmenthistory, further education, income, entrepreneurial activity and community …
Persistent link: https://www.econbiz.de/10009360738