This paper studies efficient tax policies in Ramsey’s tradition when consumers face temptation and self control problems in inter-temporal decision making. We embed the class of preferences developed by Gul and Pesendorfer into a simple two-period life-cycle model and show that education...

This paper examines the determinants of participation in, and the amount of time spent on, public and private adult education and training in Canada. Using the master file data from the 1998 Adult Education and Training Survey, we estimate probit models of adult education and training (hereafter...

The paper develops a model for the screening mechanism for higher education, within an adverse selection framework. Specifically it examines the effect of wage earned by high school graduates on higher education participation. The model pinpoints a positive relation between the “high school”...

The paper develops a model for the screening mechanism for higher education, within an adverse selection framework. Specifically it examines the effect of wage earned by high school graduates on higher education participation. The model pinpoints a positive relation between the “high school”...

This study discusses in depth the youth unemployment "problem" and examines the various policy responses to it, including education and training, and active labour market policy. It emphasizes the need for adequate labour market information, policy monitoring and programme evaluation to help...

We study how educational attainment and school enrollment status differentially affect Black and White teen part-time employment in the context of No Pass, No Drive policies. These policies require that teens maintain enrollment and regular attendance in school in order to hold a driver’s...

Recent research in labor economics has highlighted the substantial and long-lasting adverse effect of recessions on employment prospects and earnings. In this paper, we study whether individuals react to these shocks by changing career paths, thereby affecting the distribution of talent between...

Recent research in labor economics has highlighted the substantial and long-lasting adverse effect of recessions on employment prospects and earnings. In this paper, we study whether individuals react to these shocks by changing career paths, thereby affecting the distribution of talent between...

Recent research in labor economics has highlighted the substantial and long-lasting adverse effect of recessions on employment prospects and earnings. In this paper, we study whether individuals react to these shocks by changing career paths, thereby affecting the distribution of talent between...

This paper uses a large multi-country database with data from the OECD PISA program to disentangle the effects of birthdate on educational performance. As far as age effects are concerned, we conclude that children are disadvantaged because they are the youngest in class (relative age effect),...