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Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries
Returns to education earnings inequality quantile regressions ability
2013/10/18
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wag...
Smoking, Discount Rates, and Returns to Education
Returns to education instrumental variables ability bias discount rates
2013/10/18
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 ...
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 wage...
An Explanation of International Differences in Education and Workplace Training
Education workplace training
2013/10/18
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs b...
Are Austrian Returns to Education Falling Over Time?
Returns to education quantile regression sample selection
2013/10/17
In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. T...
Privacy, time consistent optimal labor income taxation and education policy
Privacy commitment time consistent income taxation
2013/10/17
Incomplete information is a commitment device for time consistency problems. In the contextof time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effe...