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This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor’s degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...
Persistent link: https://www.econbiz.de/10010352440
We study the relationship between education and fertility, exploiting compulsory schooling reforms in England and … Continental Europe, implemented between 1936 and 1975. We assess the causal effect of education on the number of biological … children and the incidence of childlessness. We find surprising results for Continental Europe: the additional education …
Persistent link: https://www.econbiz.de/10010435747
This paper is motivated by the fact that nearly half of U.S. college students drop out without earning a bachelor's degree. Its objective is to quantify how much uncertainty college entrants face about their graduation outcomes. To do so, we develop a quantitative model of college choice. The...
Persistent link: https://www.econbiz.de/10010480861