This research uses CHIP data of 2018 to examine the impact of higher education opportunities on the middle school graduates' choice between academic and vocational high schools. The findings indicate that a higher university quota at the provincial level increases the likelihood of middle school...

This research uses CHIP data of 2018 to examine the impact of higher education opportunities on the middle school graduates' choice between academic and vocational high schools. The findings indicate that a higher university quota at the provincial level increases the likelihood of middle school...

The paper analyzes the effect of human-capital investments of heterogeneous individuals on the dynamics of the wage structure within a neoclassical growth model. The accumulation of physical capital changes relative factor prices and thus incentives to acquire skills, thereby altering the...

Higher wages are generally thought to increase human capital production, particularly in the developing world. We introduce a simple model of human capital production in which investments and time allocation differ by age. Using data on test scores and schooling from rural India, we show that...

The initial earnings of U.S. immigrants vary enormously by country of origin. Via three interrelated analyses, we show earnings convergence across source countries with time in the United States. Human-capital theory plausibly explains the inverse relationship between initial earnings and...

We examine the effect of India's National Rural Employment Guarantee Scheme (NREGS), one of the largest workfare programs in the world, on human capital investment. Since NREGS increases labor demand, it could increase the opportunity cost of schooling, lowering human capital investment even as...