In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …

skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …

In the United States, religious attendance rises sharply with education across individuals, but religious attendance … declines sharply with education across denominations. This puzzle is explained if education both increases the returns to … social connection and reduces the extent of religious belief. The positive effect of education on sociability explains the …

The purpose of this paper is to study how education shapes the allocation of talent. To model the link between … education and the allocation of talent, we add two features to a Spence (1974) type of two-sector education model. First …, performance contracts give a worker incentives to choose the sector where (she believes she is) most productive. Second, education …

migration, occupational choice, and earnings where, upon completing their education, individuals choose a location in which to … estimates of the returns to business and STEM majors relative to education majors are biased upward by 15% on average. Using …

We show why considering a number of education-dependent covariates in the wage equation decreases coefficient of … education in the wage equation. We use a meta-analysis of results for Portugal to show, empirically, that this is the case. The … coefficient decreases when we use covariates that can be considered post education decisions; it is independent of the sample size …

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …