This paper examines the idea that the increasing return to college is reducing intergenerational mobility by differentially impacting the investments in children by parents across education groups. A larger return to college will create stronger incentives to invest in children by parents with...

This paper estimates labor-market returns for students pursuing certificates or associate's degrees in eight broad fields of study at community colleges and for-profit institutions. The data contain 400,000 students beginning their studies between 2005 and 2012 in one state. We estimate two-step...

We examine how informational frictions impact schooling and work outcomes. To do so, we estimate a dynamic structural model where individuals face uncertainty about their academic ability and productivity, which respectively determine their schooling utility and wages. Our framework accounts for...

This study examines the impact of primary-school closures during the 1918 Pandemic in Sweden on mortality and long-term outcomes of school children. Using the universe of death certificates from 1914-1920 and newly-collected data on school closures across 2,100 districts, we conduct...

We examine the effect of unobserved skills on labor market outcomes using a unique quasiexperiment generated by the 2012 education quota in Iran. By selecting different individuals for university programs, this policy changed the skill distribution of high school graduates entering the labor...

Evidence shows college increases earnings, but little causal evidence distinguishes whether these earnings come through human capital gains or from the signal a college degree sends. We use the unique situation created by the First World War, where several cohorts of West Point cadets were...

Using the VHLSS data in 2008 and 2016, we want to estimate the gender wage disparity in the formal sector of Vietnam, especially looking for the impacts of education and private firms on such a gap. Under the unconditional quantile regression (UQR) method, we found that the education and private...