Areas surrounding colleges and universities are often able to build their local stock of human capital by retaining … recent graduates in the area after they finish their education. This paper classifies 41 U.S. metropolitan areas as college …

of deviations between required and attained education of workers. Required education is measured as hiring standards set …

I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … subsequent earnings growth. show that individuals with more education have more to lose in terms of subsequent earnings growth … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence …

Many authors have recently suggested that the heterogeneity in the quality of early education may be one of the key …-1977 significantly reduced the degree of heterogeneity in the Finnish primary and secondary education. The reform shifted the tracking … age in secondary education from age 10 to 16 and imposed a uniform academic curriculum on entire cohorts until the end of …

market experience at a given age for a given level of education; however, this becomes less important as individuals age …

education wedges in this setting analytically and numerically, using a calibrated example. We present ways to implement the … given out to agents during education. These repayment plans are contingent on loan size and income and capture the history … dependence of the labor wedges. Applying the model to US-data and a binary education decision (graduating from college or not) we …

In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals …. We instrument years of education using reforms of compulsory education in nine different countries, and find that … education. Our main result is that books at home at age ten have had long-lasting beneficial effects on the individuals who were …