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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
This paper considers an economy where skilled and unskilled workers use different technologies. The rate of improvement of each technology is determined by a profit-maximizing R&D sector. When there is a high proportion of skilled workers in the labour-force, the market for skill-complementary...
Persistent link: https://www.econbiz.de/10005504709
the results of the first systematic study of the wage expectations of European college students. Our data are based on the … replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage …-specific microdata. In line with US studies we find that students overestimate returns to education. …
Persistent link: https://www.econbiz.de/10005497746
We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. Following Rosen (1983), we show that there are private increasing returns to education...
Persistent link: https://www.econbiz.de/10005497970
the average school-leaving age of students holding the same certificate or degree. We use past school-opening instruments …, and distance-to-the-nearest-college, also measured in the past, when students were entering grade 6, to identify the …
Persistent link: https://www.econbiz.de/10005498114
Using data from the 2001-2005 waves of the Household, Income and Labour Dynamics in Australia survey, and taking …
Persistent link: https://www.econbiz.de/10004971326
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We show that there are increasing returns to education at the labor market...
Persistent link: https://www.econbiz.de/10004977262