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This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive English administrative data. Identification is obtained from variation in test score distributions across cohorts and subjects, such that the same score relative to the class mean...
Persistent link: https://www.econbiz.de/10010358274
market values, we find that clubs could generate 30.6 to 72.8% higher market values when eliminating the RAE. Our findings …
Persistent link: https://www.econbiz.de/10014344335
market values, we find that clubs could generate 30.3 to 77.2% higher market values when eliminating the RAE. Our findings …
Persistent link: https://www.econbiz.de/10013383225
Persistent link: https://www.econbiz.de/10011516428
In the research on peer effects, unweighted mean classroom performance is the predominant measure used in the estimation of education production functions. In this paper, based on the sociological concept of homophily, I introduce social network matrices that correspond to a weighting scheme for...
Persistent link: https://www.econbiz.de/10012164148
Peer effects in education production functions are predominantly employed as the mean classroom performance. Based on sociological theory and using spatial regression techniques, I introduce social network matrices that correspond to a weighting scheme for peers within the class. In a spatial...
Persistent link: https://www.econbiz.de/10012230970
This study presents a new view on the association between education and longevity. In contrast to the earlier literature, which focused on inefficient health behavior of the less educated, we investigate the extent to which the education gradient can be explained by fully rational and efficient...
Persistent link: https://www.econbiz.de/10012979921
We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future....
Persistent link: https://www.econbiz.de/10013081797
A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is made difficult by reverse causality and selection issues. We suggest a...
Persistent link: https://www.econbiz.de/10014344727
This paper presents and estimates a unified model where both human capital investment and job search are endogenized. This unification enables us to quantify the relative contributions of each mechanism to life cycle earnings growth, while investigating potential interactions between human...
Persistent link: https://www.econbiz.de/10009490100