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undesirable behavior. Parents want the best for their children. Still, they weigh the marginal gains from socializing their …Societies socialize children about sex. This is done in the presence of peer-group effects, which may encourage … children against its costs. Churches and states may stigmatize sex, both because of a concern about the welfare of their flocks …
Persistent link: https://www.econbiz.de/10009371463
income growth, wealth inequality and political participation. We predict that developing countries will tend to overinvest in …
Persistent link: https://www.econbiz.de/10005504686
Models of inequity aversion and fairness have dominated the behavioural economics landscape in the last decade. This study gathers data from 240 subjects exposed to variants of two of the major experimental games - dictator and trust - that are employed to provide important empirical content to...
Persistent link: https://www.econbiz.de/10005656285
children who do not belong to the ruling caste, migration is a social mobility factor that is enhanced by formal schooling …. Since formally educated children tend not to return, the ruling caste seeks to develop family loyalty by choosing religious …. Children from the ruling caste who are sent abroad have a lower probability of being sent to formal school. They are more …
Persistent link: https://www.econbiz.de/10008925714
markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people … spouses or children. …
Persistent link: https://www.econbiz.de/10011249373
Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher educated. We analyse the returns to education in...
Persistent link: https://www.econbiz.de/10009293660
Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on the wages of native-born workers in the UK. This is...
Persistent link: https://www.econbiz.de/10008527530
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
. Assuming that students' attitudes toward risk can be represented by a CRRA utility, we show that the risk-aversion parameter …
Persistent link: https://www.econbiz.de/10005123629
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10005124097