Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10001877139
Persistent link: https://www.econbiz.de/10001843506
Persistent link: https://www.econbiz.de/10013382949
Longitudinal Survey of Youths which we follow from 16 to 28. We discuss the evolution of family income and ability effects where … component correlated with family income and background variables. We find that the individual cognitive-technical ability … differential prevailing at 16 was increasing with income in the early 80's but much less so in the early 2000's. We find no …
Persistent link: https://www.econbiz.de/10013260027
Persistent link: https://www.econbiz.de/10013355190
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10011411833
We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...
Persistent link: https://www.econbiz.de/10011411639
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10011411668
We estimate a structural dynamic Roy model of education, labor supply and earnings on the 1979 and 1997 cohorts of males taken from the National Longitudinal Survey of Youth (NLSY) and evaluate to what extent changes in education and labor supply decisions across cohorts have been explained by...
Persistent link: https://www.econbiz.de/10012237798
Persistent link: https://www.econbiz.de/10012228571