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the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …
Persistent link: https://www.econbiz.de/10010261573
We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10010261758
charging students for the costs of their education. …
Persistent link: https://www.econbiz.de/10010261948
students compelled to stay on in education as a result of this compulsory school leaving rule attain higher qualification …
Persistent link: https://www.econbiz.de/10010261989
The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in … Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a …
Persistent link: https://www.econbiz.de/10010262349
education over the working life of individuals. We find evidence that employees with tertiary education have steeper experience … profiles than employees with upper secondary or compulsory education. Hence, education provides not only an initial labor … in earnings growth by education are lower in countries with a higher level of corporatism and higher in countries which …
Persistent link: https://www.econbiz.de/10010262356
Recent studies exploring sibling rivalry in the allocation of household resources in the U.S. produce conflicting results. We contribute to this discussion by addressing the role of sibling rivalry in educational attainment in Germany. Using the German Socioeconomic Panel (GSOEP) we are able to...
Persistent link: https://www.econbiz.de/10010262388
We study the recent evolution of the college wage gap with a unique data set that comprises two cohorts and 10 European countries from the early to mid 1980s to the mid to late 1990s. We find evidence of significant cross country differences in the level and dynamics of the gap. There is also...
Persistent link: https://www.econbiz.de/10010262435
substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10010262498
inequality of opportunities. One crucial element of intergenerational mobility is the way parents influence the education of … analyse the association between parents? education and professional class and secondary track school choice and subsequent … convergence between males and females. The relationship between parental class and children?s education translates into earnings …
Persistent link: https://www.econbiz.de/10010262574