-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and … individual differences in hours worked and education explain the remaining part almost equally. We show how our model is a … education. Finally, because policy changes induce simultaneous movements in observed choices and average per-year effects …

-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces … by heterogeneity while individual differences in hours worked and education explain the remaining part almost equally. We … reduction in the cost of higher education. Finally, because policy changes induce simultaneous movements in observed choices and …

This article analyzes the consequences of integration in public education. I show that the flight from the integrated … multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education …

To design an optimal education policy, it is essential to account for the fertility differential between the poor and … children, determine the quality of children by choosing private expenditures on basic education in addition to public … expenditures on basic education, leave a bequest that could be used to finance college education. Moreover, there is an uncertainty …

the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature. -- compulsory schooling reforms ; dynamic skill accumulation … ; comparative advantages ; returns to schooling ; education and growth ; dynamic discrete choice ; dynamic programming …