We analyse how progressive taxation and education subsidies affect schooling decisions when the returns to education are stochastic. We use the theory of real options to solve the problem of education choice in a dynamic ...
This paper investigates the robustness of recent findings on the effect of parental
education and income on child health. We are particularly concerned about spurious
correlation arising from the potential endogeneity ...
This paper provides estimates of the private financial return to education based on large
samples of monozygotic (MZ) and dizygotic (DZ) twins which we obtain from Danish
population registers. Our estimation exploits the ...
Walker, Ian; Zhu, Yu(University College Dublin. Geary Institute, 2007-06-12)
This paper provides findings from the UK Labour Force Surveys from 1993 to 2003
on the financial private returns to a degree – the "college premium". The data covers a decade when the university participation rate doubled ...
Walker, Ian; Zhu, Yu(University College Dublin. Geary Institute, 2007-06-12)
The widely held view that separation has adverse effects on children has been
the basis of important policy interventions. While a small number of analyses have been concerned with selection into divorce, no studies have ...
Many countries provide extensive in-kind public transfers for specific needs of
particular client groups such as the elderly, the disabled, and children. However, this may crowd out private expenditures on the goods in ...
We study how fathers’ and mothers’ income satisfaction correlate with the income
satisfaction of their sons and daughters, as well as with other economic and sociodemographic variables. We estimate these correlations using ...
This paper is concerned with the relationship between class size and the student outcome – length of time in post-compulsory schooling. Research on this topic has been problematic partly because omitted unobservables, like ...
Governments, over much of the developed world, make significant financial
transfers to parents with dependent children. For example, in the US the
recently introduced Child Tax Credit (CTC), which goes to almost all ...