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The wage expectations of European college students
Brunello, Giorgio; Lucifora, Claudio; Winter-Ebmer, Rudolf - Institut für Volkswirtschaftslehre, … - 2001
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 micro-data. In line with U.S. studies we find that students overestimate returns to education. …
Persistent link: https://www.econbiz.de/10005800663
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Smoking, discount rates, and returns to education
Fersterer, Josef; Winter-Ebmer, Rudolf - Institut für Volkswirtschaftslehre, … - 2000
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10005627238