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We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10011411833
Persistent link: https://www.econbiz.de/10001685756
inverse relationship between initial earnings and earnings growth rates: the good fit between data and theory suggests that … earnings growth of post-1965 U.S. immigrants. When both functional-form and sample-selection constraints are lifted, a …
Persistent link: https://www.econbiz.de/10012130585
This study explores the preference for remote work by sending thousands of randomized messages to tutors advertising on an online platform across Greece. The messages requested either in-person or online tutoring. Requests for online lessons were roughly 50 percent more likely to receive a...
Persistent link: https://www.econbiz.de/10015163471
After growing substantially during the 1980s through the early 2000s, the college wage premium more recently has been largely unchanged, or stagnant. We extend the canonical production-function model of skill premiums to assess supply and demand contributions to the slowdown in the college wage...
Persistent link: https://www.econbiz.de/10015206790
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10013320490
What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact---raising only the wages of workers bound by the minimum wage---and grow over time as workers slowly move up the job ladder. Guided by my theory, I...
Persistent link: https://www.econbiz.de/10014247949
In this article, I argue that the key to achieving greater gender equality in the workplace is finding a way to change the behavior of men with respect to the care of children. Until now, most suggestions have focused on changing the behavior of women or employers, but women continue to face...
Persistent link: https://www.econbiz.de/10014040465
In this article, I argue that the key to achieving greater gender equality in the workplace is finding a way to change the behavior of men with respect to the care of children. Until now, most suggestions have focused on changing the behavior of women or employers, but women continue to face...
Persistent link: https://www.econbiz.de/10014043752