Showing 1 - 10 of 17
threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual …
Persistent link: https://www.econbiz.de/10012980577
-provided education appears more suitable to students with culturally privileged family backgrounds and high observed ability. The …
Persistent link: https://www.econbiz.de/10012999692
education in Switzerland. We find no significant average effects of voucher-induced adult education on earnings, employment, and … subsequent education one year after treatment. But effects are heterogeneous: Low-education individuals are most likely to profit … from adult education, but least likely to use the voucher. The findings cast doubt on the effectiveness of existing …
Persistent link: https://www.econbiz.de/10013316101
Assuming a two-period model with endogenous choices of labour, education, and saving, efficient education policy is … education should be effectively subsidized if, and only if, the elasticity of the earnings function is increasing in education …
Persistent link: https://www.econbiz.de/10013316238
graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then …
Persistent link: https://www.econbiz.de/10012914913
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012979542
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10012956895
How important is mastering information and communication technology (ICT) in modern labor markets? We answer this question with unique data on ICT skills tested in 19 countries. Our two instrumental-variable models exploit technologically induced variation in broadband Internet availability that...
Persistent link: https://www.econbiz.de/10012997356
studies that cannot be explained. Jointly, the studies show a clear U-shaped development in the rate of return to education …
Persistent link: https://www.econbiz.de/10012997601
This study estimates the effect of compulsory schooling on earnings. For identification, I exploit a German reform that extended the duration of secondary schooling in the 1960s. I find that hourly wages increase by 6%-8% per additional year of schooling. This result challenges prior findings...
Persistent link: https://www.econbiz.de/10012908790