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Anti-Lemons: School Reputation and Educational Quality

Urquiola, Miguel; MacLeod, W. Bentley - National Bureau of Economic Research (NBER) - 2009

Friedman (1962) argued that a free market in which schools compete based upon their reputation would lead to an efficient supply of educational services. This paper explores this issue by building a tractable model in which rational individuals go to school and accumulate skill valued in a...

Persistent link: https://www.econbiz.de/10005036794

Do High School Exit Exams Influence Educational Attainment or Labor Market Performance?

Dee, Thomas S.; Jacob, Brian A. - National Bureau of Economic Research (NBER) - 2006

State requirements that high school graduates pass exit exams were the leading edge of the movement towards standards-based reform and continue to be adopted and refined by states today. In this study, we present new empirical evidence on how exit exams influenced educational attainment and...

Persistent link: https://www.econbiz.de/10005089047

Ugly Criminals

Mocan, Naci H.; Tekin, Erdal - National Bureau of Economic Research (NBER) - 2006

Using data from three waves of Add Health we find that being very attractive reduces a young adult's (ages 18-26) propensity for criminal activity and being unattractive increases it for a number of crimes, ranging from burglary to selling drugs. A variety of tests demonstrate that this result...

Persistent link: https://www.econbiz.de/10005084995

Too Young to Leave the Nest: The Effects of School Starting Age

Black, Sandra E.; Devereux, Paul J.; Salvanes, Kjell G - National Bureau of Economic Research (NBER) - 2008

Does it matter when a child starts school? While the popular press seems to suggest it does, there is limited evidence of a long-run effect of school starting age on student outcomes. This paper uses data on the population of Norway to examine the role of school starting age on longer-run...

Persistent link: https://www.econbiz.de/10005777425

The Race between Education and Technology: The Evolution of U.S. Educational Wage Differentials, 1890 to 2005

Goldin, Claudia; Katz, Lawrence F. - National Bureau of Economic Research (NBER) - 2007

U.S. educational and occupational wage differentials were exceptionally high at the dawn of the twentieth century and then decreased in several stages over the next eight decades. But starting in the early 1980s the labor market premium to skill rose sharply and by 2005 the college wage premium...

Persistent link: https://www.econbiz.de/10005778630

Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Hanushek, Eric; Woessmann, Ludger - National Bureau of Economic Research (NBER) - 2009

We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...

Persistent link: https://www.econbiz.de/10005828950

Factor Endowments and the Returns to Skill: New Evidence from the American Past

Kaboski, Joseph P.; Logan, Trevon D. - National Bureau of Economic Research (NBER) - 2007

The existing literature on skill-biased technical change has not considered how the technological endowment itself plays a role in the returns to skill. This paper constructs a simple model of skill biased technical change which highlights the role that resource endowments play in the returns to...

Persistent link: https://www.econbiz.de/10005720446

Estimating the Social Return to Higher Education: Evidence From Longitudinal and Repeated Cross-Sectional Data

moretti, enrico - National Bureau of Economic Research (NBER) - 2002

this paper, I estimate spillovers from college education by comparing wages for otherwise similar individuals who work in … between the share of college graduates in a city and individual wages, over and above the private return to education. A key … issue in this comparison is the presence of unobservable individual characteristics, such as ability, that may raise wages …

Persistent link: https://www.econbiz.de/10005050329

The Human Capital Stock: A Generalized Approach

Jones, Benjamin F. - National Bureau of Economic Research (NBER) - 2011

This paper presents a new framework for human capital measurement. The generalized framework can (i) substantially amplify the role of human capital in accounting for cross-country income differences and (ii) reconcile the existing conflict between regression and accounting evidence in assessing...

Persistent link: https://www.econbiz.de/10009328103

Policies to Create and Destroy Human Capital in Europe

Heckman, James J.; Jacobs, Bas - National Bureau of Economic Research (NBER) - 2010

Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled …

Persistent link: https://www.econbiz.de/10008625916