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Do students benefit from compulsory schooling? Researchers using changes in compulsory schooling laws as instruments have typically estimated very high returns to additional schooling that are greater than the corresponding OLS estimates and concluded that the group of individuals who are...
Persistent link: https://www.econbiz.de/10010268617
productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …
Persistent link: https://www.econbiz.de/10010268492
There is anecdotal evidence that the standard of living for the educated has fallen in Venezuela over the last few years. This evidence comes as a surprise because after experiencing an economic downturn in 2002 and 2003, Venezuela's economy has boomed (gross domestic product growth has hovered...
Persistent link: https://www.econbiz.de/10010269036
This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...
Persistent link: https://www.econbiz.de/10010274202
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...
Persistent link: https://www.econbiz.de/10010262344
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/10010271228
The 1973 Raising of the School Leaving Age in England and Wales has been used to identify returns to years' schooling …
Persistent link: https://www.econbiz.de/10010278357
variation in legal dropout dates. Since the school leaving rule bites in the middle of a school year cohort, our identification … students compelled to stay on in education as a result of this compulsory school leaving rule attain higher qualification …
Persistent link: https://www.econbiz.de/10010261989
effect of education on participation in criminal activity using changes in compulsory school leaving age laws over time to …
Persistent link: https://www.econbiz.de/10010269760
minimum school-leaving age law in the United Kingdom from age 14 to 15 in 1947, and from age 15 to 16 in 1973, as sources of …
Persistent link: https://www.econbiz.de/10010269851