This paper presents the results of econometric study on predicting first-year grade point average and dropout probability with national examination (EGE) results at the bachelor program in Economics in the Higher School of Economics. The use of a sum of four exams — math, social studies,...

This paper analyses the changes in inequality occurred during the period 1998 – 2005. A set of results are presented in order to contribute to a better understanding of the changes in inequality. The obtained results show that important distributive effects were hidden by the apparent observed...

Using parametric frontier techniques, this paper investigates the economic efficiency of Swedish higher education institutions (HEIs) with an attempt to determine the factors causing efficiency differences. The analysis is conducted for 30 HEIs over the time period 2001-2005. A set of HEI...

This paper attempts to understand why children often delay school enrolment despite the prediction of human capital theory that schooling should begin at the earliest possible age. We explore different explanations of delayed enrolment but focus particularly on the effect of child health on the...

Time preferences can affect divorce probability both affecting the quality of the match and affecting the spouses' reactions to negative shocks. We analyze the relationship between time preferences and divorce decisions using data from the Italian Survey on Household Income and Wealth, which...

In OECD countries, 'real world' upper-secondary vocational education and training (VET) programs are used to engage less academically oriented youth in learning, while helping to prepare them for post-school work and/or further training. In general terms, VET programs with high employer...

We study the properties of two specification tests that have been applied to a variety of estimators in the context of value-added measures (VAMs) of teacher and school quality: the Hausman test for choosing between random and fixed effects and a test for feedback (sometimes called a...

In summer 2007, the US subprime crisis emerged and economic growth in industrialised countries started to slow down. The situation deteriorated after the default of Lehman Brothers in September 2008 and despite massive government interventions, the United States and most European countries slid...

The costs of incarceration and recidivism to the community are substantial. These costs not only include the direct costs of imprisonment but also the opportunity costs arising from depletion of human capital and loss of output. Policy makers have emphasised the importance of rehabilitating...

Despite efforts to engage youth in education, there have been only modest improvements in the rates of school completion across OECD countries since the mid-1990s. These modest improvements underline the importance of programs that encourage early school leavers to return to post-school...