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. Insurance take-up is found to be decreasing in basis risk between insurance payouts and income fluctuations, higher among …-up decisions, and risk averse households are found to be less, not more, likely to purchase insurance. We present evidence …
Persistent link: https://www.econbiz.de/10005526267
The evaluation of numerous school reforms requires an understanding of the value parents place on school quality. I use house prices to infer this value, where school quality is proxied by elementary school test scores. I do so by looking within school districts at houses located on attendance...
Persistent link: https://www.econbiz.de/10005512216
Language is a fundamental tool for communication of ideas between people, and so is an essential input into production and trade. In general, a society will possess more production and consumption opportunities when all its members share a common language. Neighboring societies and communities...
Persistent link: https://www.econbiz.de/10005526307
increase the return to education. …
Persistent link: https://www.econbiz.de/10005420516
Males and females are markedly different in their choice of college major. Two main reasons have been suggested for the gender gap: differences in innate abilities and differences in preferences. This paper addresses the question of how college majors are chosen, focusing on the underlying...
Persistent link: https://www.econbiz.de/10005420625
This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and...
Persistent link: https://www.econbiz.de/10005420669
During the 1980s and early 1990s the earnings gap between individuals with a college education and those with no more …
Persistent link: https://www.econbiz.de/10005387366
expectations formation is crucial for education policy recommendations. This paper focuses on how college students form …
Persistent link: https://www.econbiz.de/10004973933
Using a large administrative data set from Chile, we find that, on average, boys perform better than girls in mathematics. In this paper, we document several features of their relative performance. First, we note that the gender gap appears to increase with age (it doubles between fourth grade...
Persistent link: https://www.econbiz.de/10011241659
Remarks at the New College of Florida 44th Annual Commencement, Sarasota, Florida.
Persistent link: https://www.econbiz.de/10010725004