Showing 1 - 10 of 1,010
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility-maximizing decisionmaker, for many asymmetric information environments. The presence of an...
Persistent link: https://www.econbiz.de/10011876702
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility-maximizing decisionmaker, for many asymmetric information environments. The presence of an...
Persistent link: https://www.econbiz.de/10011878459
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation’s statistical properties would confer economic benefits to a utility-maximizing decisionmaker across common asymmetric information environments. I develop the...
Persistent link: https://www.econbiz.de/10011882236
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility‐maximizing decision‐maker across common asymmetric information environments. I develop...
Persistent link: https://www.econbiz.de/10012202867
This chapter explores the effects of education on nonmarket outcomes from both theoretical and empirical perspectives …-being reflected by their health and cognitive development. They are distinguished from the labor market outcomes of education in terms … of higher earnings and wage rates. The focus is on identifying causal effects of education and on mechanisms via which …
Persistent link: https://www.econbiz.de/10014023733
Persistent link: https://www.econbiz.de/10014439730
Persistent link: https://www.econbiz.de/10015177201
experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …
Persistent link: https://www.econbiz.de/10010230511
Persistent link: https://www.econbiz.de/10010346846
Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children – how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...
Persistent link: https://www.econbiz.de/10010125884