Enrollment rates to higher education reveal quite large variation over time which cannot be explained by productivity shocks alone. We develop a human capital investment model in an overlapping generations framework that features endogenous fluctuations in the demand for education. Agents are...

Character traits and noncognitive skills are important for human capital development and long-run life outcomes. Research in economics and psychology now shows this clearly. But research into the exact determinants of noncognitive skills have been slowed by a common data limitation: most...

This paper discussed advantages and disadvantages associated with the use of admission tests as predictors of performance in undergraduate studies programs. The paper analyzes performance of economics and business administration students. This performance is linked to admission tests results....

Enrolment rates to higher education reveal quite large variation over time which cannot be explained by productivity shocks alone. We develop a human capital investment model in an overlapping generations framework that features endogenous fluctuations in the demand for education. Agents are...