Showing 1 - 10 of 55
Persistent link: https://www.econbiz.de/10011480821
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling. …
Persistent link: https://www.econbiz.de/10011476582
Many American policy analysts point to Denmark as a model welfare state with low levels of income inequality and high levels of income mobility across generations. It has in place many social policies now advocated for adoption in the U.S. Despite generous Danish social policies, family...
Persistent link: https://www.econbiz.de/10012486467
Persistent link: https://www.econbiz.de/10001752094
discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …
Persistent link: https://www.econbiz.de/10010418037
This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to identify and to estimate than conventional treatment...
Persistent link: https://www.econbiz.de/10003879358
because of disincentives to acquire education arising from the redistributional policies that increase income mobility. …
Persistent link: https://www.econbiz.de/10011493939
The probability of selection into treatment plays an important role in matching and selection models. However, this … note establishes that the selection and matching procedures can be implemented using propensity scores fit on choice … monotonically related to the odds ratio of the true propensity scores. -- Choice-based sampling ; matching models ; propensity …
Persistent link: https://www.econbiz.de/10003879339
This paper examines the family income-college enrollment relationship and the evidence on credit constraints in post-secondary schooling. We distinguish short-run liquidity constraints from the long-term factors that promote cognitive and noncognitive ability. Long-run factors crystallized in...
Persistent link: https://www.econbiz.de/10011411871
Intelligence quotient (IQ), grades, and scores on achievement tests are widely used as measures of cognition, yet the correlations among them are far from perfect. This paper uses a variety of data sets to show that personality and IQ predict grades and scores on achievement tests. Personality...
Persistent link: https://www.econbiz.de/10011580913