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The existing literature on the relationship between the share of elderly in a community and the support for local public education has led to mixed results to date. One potential reason behind this is that the share of elderly in a community is endogenous, and it is very difficult to disentangle...
Persistent link: https://www.econbiz.de/10008622325
This paper uses data from the 1980 and 1990 U.S. Census of Population to examine the English language skills of natives and immigrants. The first main finding is that lack of fluency in spoken English is rare among native- born Americans. In 1990, 98.4 % of natives aged 18 to 64 reported to the...
Persistent link: https://www.econbiz.de/10005774510
This paper examines how labor income volatility and social security benefits can influence lifecycle household portfolios. We examine how much the individual optimally saves and where, taking into account liquid financial wealth and annuities, and stocks as well as bonds. Higher labor income...
Persistent link: https://www.econbiz.de/10008625931
Financial literacy and schooling attainment have been linked to household wealth accumulation. Yet prior findings may … be biased due to noisy measures of financial literacy and schooling, as well as unobserved factors such as ability …, intelligence, and motivation that could enhance financial literacy and schooling but also directly affect wealth accumulation. We …
Persistent link: https://www.econbiz.de/10008683261
We estimate the causal impact of school and classroom gender composition on achievement. We take advantage of the random assignment of Korean middle school students to single-sex schools, co-educational (coed) schools with single-sex classes, and coed schools with mixed-gender classes. Male...
Persistent link: https://www.econbiz.de/10011096571
This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills|personality traits, goals, motivations, and preferences that are valued in the labor market, in...
Persistent link: https://www.econbiz.de/10011098927
We study an intensive math instruction policy that assigned low-skilled 9th graders to an algebra course that doubled instructional time, altered peer composition and emphasized problem solving skills. A regression discontinuity design shows substantial positive impacts of double-dose algebra on...
Persistent link: https://www.econbiz.de/10010821883
How schooling affects cognitive skills is a fundamental question for studies of human capital and labor markets. While scores on cognitive ability tests are positively associated with schooling, it has proven difficult to ascertain whether this relationship is causal. Moreover, the effect of...
Persistent link: https://www.econbiz.de/10010796562
Gender differences in competitiveness are often discussed as a potential explanation for gender differences in education and labor market outcomes. We correlate an incentivized measure of competitiveness with an important career choice of secondary school students in the Netherlands. At the age...
Persistent link: https://www.econbiz.de/10010796736
We estimate a dynamic learning model of the college dropout decision, taking advantage of unique expectations data to greatly reduce our reliance on assumptions that would otherwise be necessary for identification. We find that forty-five percent of the dropout that occurs in the first two...
Persistent link: https://www.econbiz.de/10010969261