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Sheepskin effects in Japan
Bauer, Thomas K.; Dross, Patrick J.; Haisken-DeNew, John P. - 2002
Using data for the 1990's, this paper examines the role of sheepskin effects in the returns to education for Japan. Our estimations indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effects are only important for workers in small...
Persistent link: https://www.econbiz.de/10011413686
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Subjective Discount Rates, Intergenerational Transfers and the Return to Schooling
Hansen, Jorgen; Belzil, Christian - 2004
Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from the National Longitudinal Survey of Youth (NLSY). Given household human capital and Armed Forces...
Persistent link: https://www.econbiz.de/10014179293
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Sheepskin effects in Japan
Bauer, Thomas K. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001776305
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Sheepskin effects in Japan
Bauer, Thomas K. - 2002
Persistent link: https://www.econbiz.de/10013268861
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Sheepskin Effects in Japan
Bauer, Thomas K.; Dross, Patrick J.; Haisken-DeNew, John P. - 2021
Using data for the 1990's, this paper examines the role of sheepskin effects in the returns to education for Japan. Our estimation results indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effect are only important for workers in...
Persistent link: https://www.econbiz.de/10013320394
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Sheepskin effects in Japan
Bauer, Thomas K. - 2002
Persistent link: https://www.econbiz.de/10013424192
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The evolution of inequality in education trajectories and graduation outcomes in the US
Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - 2022
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
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The evolution of inequality in education trajectories and graduation outcomes in the US
Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - 2022
Persistent link: https://www.econbiz.de/10013355190
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Earnings dispersion, risk aversion and eduation
Belzil, Christian; Hansen, Jörgen - 2002
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
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Household characteristics, ability and education : evidence from a dynamic expected utility model
Belzil, Christian; Hansen, Jörgen - 1999
household characteristics (especially household income). The "true'' intergenerational correlation between schooling attainments … and parents' education (after conditioning on observed and unobserved ability) is found to be quite low. Finally, our …
Persistent link: https://www.econbiz.de/10011295416