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We propose and implement an estimator for identifiable features of correlated random coefficient models with binary endogenous variables and nonadditive errors in the outcome equation. It is suitable, e.g., for estimation of the average returns to college education when they are heterogeneous...
Persistent link: https://www.econbiz.de/10012777027
We evaluate the criminogenic effects of Universal Credit (UC), a monumental welfare reform designed to radically change the social security payment system in the United Kingdom. We exploit the UC rollout across constituencies using monthly data from 2010 to 2019 for England and Wales. We find UC...
Persistent link: https://www.econbiz.de/10012828004
Policies supporting international student mobility prepare young people for the challengesof global and multicultural environments. However, disadvantaged students have lowerparticipation rates in mobility schemes, and hence benefit less from their positive impactson career progression....
Persistent link: https://www.econbiz.de/10012836557
Universities around the world are attempting to increase the diversity of their student population. This includes individuals who are 'first in family' (FiF), those who achieve a university degree, but whose (step) parents did not. We provide the first large scale, quantitative evidence on FiF...
Persistent link: https://www.econbiz.de/10012863361
Using Baccalaureate and Beyond data, I study whether university quality, both absolute and relative to other universities in the region, affects earnings one and ten years after graduation, controlling for the individual's SAT score. One year after graduation, high SAT score students earn 12%...
Persistent link: https://www.econbiz.de/10012948686
Given the ongoing efforts to close the gender pay gap across different sectors in the UK, this paper investigates the impact of a pay transparency initiative on the gender pay gap in the university sector, focusing on the Russell Group of top-tier universities. The initiative, introduced in...
Persistent link: https://www.econbiz.de/10012824421
We model a higher education system that admits students according to their admission signal (e.g., matriculation GPA, SAT), which is, in turn, affected by their cognitive ability and socioeconomic background. We show that subsidizing education loans increases neither human capital stock nor...
Persistent link: https://www.econbiz.de/10012962279
We study the relative labour market wage outcomes of university graduates in the UK using the Labour Force Survey (LFS), matched to mean standardised admission scores at the institution *subject* cohort level using data on high school achievement scores of students admitted to these courses....
Persistent link: https://www.econbiz.de/10012963835
Utilizing data for comparable BSc graduates in economics who have studied in different universities that had set the same entry standards, we compare job seekers' employment prospects when they search by themselves for jobs by submitting CVs to the same firms. The outcomes suggest that graduates...
Persistent link: https://www.econbiz.de/10012995610
We examine the links between various measures of university quality and graduate earnings in the United Kingdom. We explore the implications of using different measures of quality and combining them into an aggregate measure. Our findings suggest a positive return to university quality with an...
Persistent link: https://www.econbiz.de/10012764576