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Two Essays On The Economics Of Education And Inequality


Two Essays On The Economics Of Education And Inequality
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Two Essays On The Economics Of Education And Inequality


Two Essays On The Economics Of Education And Inequality
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Author : Justin Coger
language : en
Publisher:
Release Date : 2023

Two Essays On The Economics Of Education And Inequality written by Justin Coger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.


With the first essay, I estimate the effects of high school advanced mathematics credits and mathematics SAT scores on the percentile rank of the National Longitudinal Survey of Youth 1997 (NLSY97) respondents on the income distribution of their age peers and the income of the NLSY97 adults by quantile in 2019. I utilize data on high school advanced mathematics credits, SAT mathematics scores, and income from the NLSY97. This essay contributes to the literature on the economic returns to high school mathematics coursework. Previous work has not examined the effects of advanced math credits and SAT math scores on the two outcomes that I examine. I find significant positive effects of advanced math credits on income percentile rank and income by quantile. I also find statistically significant effects of three different measures of exposure to STEM reform on the two labor market outcomes. The results have implications for educators and policy makers hoping to emphasize the importance of developing quantitative skills in preparation for the labor market.



Essays On Inequality And The Economics Of Education


Essays On Inequality And The Economics Of Education
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Author : Mayuri Chaturvedi
language : en
Publisher:
Release Date : 2017

Essays On Inequality And The Economics Of Education written by Mayuri Chaturvedi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


This dissertation discusses some of the causes and consequences of inequality, vertical and horizontal, some theoretically and others empirically. In doing so, I try to touch upon old and new themes in the economics literature, as old as rent seeking and as new as the effect of cultural norms.The first essay reflects on the inequality of opportunity as manifest in the quality of education available to families in India. The paper explores the relative roles of the quality of schools and household attributes on a household's choice of school in India. I find that income is the most important predictor of a household's choice of school, with a doubling of per capita income increasing the likelihood of choosing a private school over a public school by 10 percentage points. Public schools can rarely compete with private schools even with comparable infrastructure and free school supplies. As incomes rise (India's GDP has nearly doubled in the last 10 years), it is reasonable to expect that there will be de facto higher demand for private schooling and not public.The second essay is a theoretical examination of inequality-generating rent seeking and the feedback mechanism between the two. In this paper, I model rent seeking in an unequal endowment economy to analyze the conditions under which more inequality leads to more rent seeking. I find that, when rent-seeking costs are fixed, a more unequal economy fosters a greater proportion of rentiers. When rent-seeking costs are flexible, the proportion of rentiers shrinks with more inequality. However, both the quantity of rents per person and the resources wasted in pursuing rent-seeking activities increase.In the third essay, I link the education choices of women to gender-specific norms of marriage. Hypergamy (the practice of women "marrying up" by caste, age, education or any indicator of economic well-being) implies that too much education could lower women's prospects of finding a suitable spouse. To understand its impact on pre-marital investments in education, this project studies women's choice of educational attainment as a function of men's. To do so, I examine the impact of an exogenous change in the schooling level of men on the schooling level of women in the United States in the last 50 years. The source of variation is the change in US' immigration policy in 1965, which has been documented to have considerably altered the demography and skill pool in the US since 1965. I find evidence of a positive relationship between men and women's education outcomes. This is a result suggestive of hypergamy and its dragging effect on women's education. The result is robust to the use of another control group: immigrant women in the US.



Essays On The Economics Of Education In Developing Countries


Essays On The Economics Of Education In Developing Countries
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Author : Asankha Pallegedara
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2011-10

Essays On The Economics Of Education In Developing Countries written by Asankha Pallegedara and has been published by LAP Lambert Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10 with categories.


Economists and policy makers around the world believe that education promotes economic growth and reduces the poverty. Investment in education helps to increase individual productivity that provide better earnings, and reduces the inequality in the society. Many governments in developing countries realized the importance of education and implemented new policy initiatives to improve education. Many developing countries introduced free education policies, school expansion programs, and conditional cash transfer programs to increase the quantity of education. Although these new policies help to achieve significant progress in education, many children in developing countries are still not enrolling in schools or receiving a low-quality education. Furthermore, gender disparity in education is another concern in many developing countries. This study assess both quantity and quality aspect of education policy in developing countries using two case studies in Uganda and Sri Lanka.



Two Essays On The Economics Of Education


Two Essays On The Economics Of Education
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Author : Nicolás A. Grau Veloso
language : en
Publisher:
Release Date : 2014

Two Essays On The Economics Of Education written by Nicolás A. Grau Veloso and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.




Essays On Education Investment Income Inequality And Economic Growth


Essays On Education Investment Income Inequality And Economic Growth
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Author : Tin-Chun Lin
language : en
Publisher:
Release Date : 2010

Essays On Education Investment Income Inequality And Economic Growth written by Tin-Chun Lin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Education, Higher categories.


The purpose of this book is to learn the relationship among education, productivity, income distribution, and economic growth, as well as to link the structure of the educational system to the economic and social character of the society. Essay 1 examines the equilibrium levels of public and private education in a model where public and private education can exist at the same time. There is no possibility for collapse of the public education system; however, the private education system will collapse in the long run if human capital grows faster in the public education sector than in the private education sector. Income inequality declines over time, and a heterogeneous economy becomes a homogeneous society in the long run. As long as income convergence exists in an economy, a balance growth path exists in the long run. Essay 2 investigates the effects of investment in education and the role of technical progress on economic growth in Taiwan in 1964 - 2000. Education provides a positive and significant effect on output growth in Taiwan, but the role of technical progress does not appear to be extraordinarily important.



The Economics Of Education


The Economics Of Education
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Author : Daniele Checchi
language : en
Publisher: Cambridge University Press
Release Date : 2006-03-23

The Economics Of Education written by Daniele Checchi and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-23 with Political Science categories.


In an important contribution to educational policy, Daniele Checchi offers an economic perspective on the demand and supply of education. He explores the reasons why, beyond a certain point, investment in education has not resulted in reductions in social inequalities. Starting with the seminal work of Gary Becker, Checchi provides an extensive survey of the literature on human capital and social capital formation. He draws on individual data on intergenerational transmission of income and education for the USA, Germany and Italy, as well as aggregate data on income and educational inequality for a much wider range of countries. Checchi explores whether resources spent in education are effective in raising students' achievement, as well as analysing alternative ways of financing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current income inequality, access to education and future inequality.



Three Essays On The Economics Of Higher Education


Three Essays On The Economics Of Higher Education
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Author : Safa Ragued
language : en
Publisher:
Release Date : 2017

Three Essays On The Economics Of Higher Education written by Safa Ragued and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


My thesis bridges two different literatures namely, the Economics of Education and Labor Economics. These two literatures are brought together to bear on public policy aimed at enhancing human capital and preventing inefficient schooling paths. The first chapter proposes a general equilibrium model of enrollment in higher education and labor supply, in the context of uncertain return on higher education and internationally mobile capital. The study aims to contrast the performances of different wage tax proposals on skill formation. The results suggest that the quantitative impact on skill formation of switching from the flat to the progressive tax varies with the level of efficiency with which higher education imparts graduates with suitable skills. This impact is negative when the level of efficiency of higher education is low and positive when it is high. The second chapter raises the issue of income inequality. The model considers three types of interventions on which the government could take action to maximize social welfare: financing early education, subsidizing college tuition and/or redistributing income through taxation. The study jointly determines the optimal level of these policies using a model of college enrollment. When calibrated to empirical evidence from the Canadian Province of Ontario, the model predicts an optimal policy mix characterized by the coexistence of redistributive taxation, public investment in K-12 education, and public subsidies for college tuition. Compared to the Status Quo policy scenario in Ontario, the optimal policy mix exhibits a lower share of public funds allocated to K-12 education, a higher share allocated to college tuition subsidies, and a higher level of redistributive taxation. More importantly, the results conclude that studies that do not jointly determine the optimal levels of the three policy options tend to overestimate these levels. While the first two chapters study the optimality of public policies, the third chapter empirically tackles the issue of temporary interruption of higher education, particularly, its effect on subsequent wages. Most of the studies that address the issue of the economic consequences of schooling interruption, examine dropping-out as a permanent decision. Little attention has so far been given to the effect of temporary drop out on earnings despite the substantial number of dropouts who at some point decide to re-enroll and complete their education. This chapter contributes to the understanding of this issue by investigating the extent to which schooling discontinuities affect post-graduation starting real wages and whether the latter are differently influenced by the reasons behind these discontinuities. This subject is examined using data from the 2007 National Graduate Survey. The covariates endogeneity is taken into account using Lewbel's (2012) generated instrument approach. The latter imposes some reasonable restrictions on the conditional second moments of the data, under heteroscedasticity of the error terms of the endogenous covariates. Under these constraints, the Lewbel framework provides generated instruments which are used along with additional external instruments, to estimate the model. Conditional on the levels of schooling and experience, the results find a positive effect on wages of temporary schooling interruption for men who had held a full-time job during their out-of-school spell(s). Both men and women witness a wage decrease if their interruption is associated with health issues. Women also bear a wage penalty if their interruption is due to a part-time job, to lack of money, or is caused by reasons other than health, work, and money.



Three Essays On The Economics Of Education


Three Essays On The Economics Of Education
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Author : Sabine Zander
language : en
Publisher:
Release Date : 2021

Three Essays On The Economics Of Education written by Sabine Zander and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.


In my third paper, using school-fixed effects regression models, I investigate socioeconomic status gaps in students' cognitive achievement in grade nine within different school types in Germany. I also explore the association between socioeconomic background and attainment of the intermediate secondary certificate and transition to upper secondary education in multi-track schools. My results provide suggestive evidence that socioeconomic status gaps in cognitive achievement exist within all school types. I also find that more privileged students are significantly more likely to earn an intermediate certificate or transition into upper secondary education. The decomposition of primary and secondary effects reveals that secondary effects are stronger at this transition in the German school system.



Essays On The Economics Of Education


Essays On The Economics Of Education
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Author : Emily P. Hoffman
language : en
Publisher: W. E. Upjohn Institute
Release Date : 1993

Essays On The Economics Of Education written by Emily P. Hoffman and has been published by W. E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Education categories.




Two Essays On Economics Of Education


Two Essays On Economics Of Education
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Author : Nina Waldenström
language : en
Publisher:
Release Date : 2007

Two Essays On Economics Of Education written by Nina Waldenström and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.