insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show … within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …

differences in parents' involvement in education. We find that a non-negligible part of the test score racial gap can be explained … by these cultural differences. In particular, we show that if non-white parents would invest in education of their 11 …

Parents with higher education levels have children with higher education levels. Is this because parental education … actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more … able individuals who have higher education also have more able children? This Paper proposes to answer this question by …

Estimates of the effect of education on GDP (the social return to education) have been hard to reconcile with micro … human capital is negatively related to its return, and a higher education level compresses wage differentials. We use cross … that the private return falls by 1.5 percentage points when the average education level increases by a year, which is …

performance in further education or in the labour market, and we seek evidence of such phenomena in Italian data. If students … public schools than for those who choose to pay for private education. …