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, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings … education in the region where they currently reside, and other factors. A decrease in the pupil-teacher ratio from 30 to 25, for … example, is associated with a 0.4 percentage point increase in the rate of return to education. The estimated relationship …
Persistent link: https://www.econbiz.de/10012475675
This paper studies the influence of education on labor and geographic mobility. Mobility is an important equilibrating … any factor that inhibits mobility also impedes economic adjustments. Does the high level of education in modern industrial …-specific capital predicts that education increases job duration and therefore inhibits job mobility (Jovanovic, 1979). On the other …
Persistent link: https://www.econbiz.de/10012476739
ability to perform complex tasks. The data suggests that the sorting effect of education is an important determinant of …
Persistent link: https://www.econbiz.de/10012477669
Because much of the concern about youth unemployment is motivated by the large differences between the rates for blacks and whites, we have pursued our earlier work by analyzing separately for black and white youth the relationship between high school preparation and early labor force...
Persistent link: https://www.econbiz.de/10012478097
education and marital status though the marital effects are much weaker when we condition for prior health. These effects …
Persistent link: https://www.econbiz.de/10012478514
A structural model of the demand for college attendance is derived from the theory of comparative advantage and recent statistical models of self-selection and unobserved components. Estimates from NBER-Thorndike data strongly support the theory. First, expected lifetime earnings gains influence...
Persistent link: https://www.econbiz.de/10012478895
The educational screening hypothesis states that beyond a certain point schooling functions as a signaling device to identify pre-existing talents. We test for the presence of screening by comparing the schooling and earnings of self-employed workers and of those employed by others in a sample...
Persistent link: https://www.econbiz.de/10012478955
It can be claimed that education is simply a normal consumption good and that like all other normal goods, an increase …
Persistent link: https://www.econbiz.de/10012479022
Section I introduces the material. In section II a model is developed which explores the impact of input-quality uncertainty on factor demand from which is derived a rationale for the use of devices which segment the population into classes differing in their "skill" distribution parameters. The...
Persistent link: https://www.econbiz.de/10012479024
between education and allocative efficiency. Section I is reprinted from my J.P.E. paper "Education in Production". Section II …
Persistent link: https://www.econbiz.de/10012479124