Much evidence suggests that having more education leads to higher earnings in the labor market. However, there is little evidence about whether having more education causes employees to experience lower earnings volatility or shelters them from the adverse effects of recessions. We use a large...

"Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...

While gender differences in the decision of what to study at undergraduate level are much studied, there is relatively little attention paid to subsequent study decisions of graduates. Given the increased importance of graduate education in recent decades, these decisions can have major labour...