We analyse how progressive taxation and education subsidies affect schooling deci-
sions when the returns to education are stochastic. We use the theory of real options to solve the problem of education choice in a dynamic, ...
It is clear that education has an important effect on wages paid in the labour market
However it not clear whether this is due to the role that education plays in raising the
productivity of workers (the human capital ...
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 ...
We extend the standard human capital earnings function to include dispersion in the return to schooling by treating the return as a random coefficient. If the rapid expansion in participation in higher education has been ...
This paper addresses the intergenerational transmission of education and investigates the extent to which early school leaving (at age 16) may be due to variations in parental background. An important contribution of the ...
We estimate a model of labor supply and participation in multiple programs for UK lone
mothers which exploits a reform of in-work transfers. Cash entitlements increased but
eligibility to in-kind child nutrition programs ...
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, 2008-07-08)
This paper reports estimates of the UK “college premium” for young graduates
across successive cohorts from large cross section datasets for the UK pooled from
1994 to 2006 - a period when the higher education participation ...