東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Essays on the economics of education.

Whalley, Alexander Thomas.

Linked to FindBook

Google Book

Amazon

博客來

Essays on the economics of education.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on the economics of education./
Author:	Whalley, Alexander Thomas.
Description:	159 p.
Notes:	Source: Dissertation Abstracts International, Volume: 67-03, Section: A, page: 1045.
Contained By:	Dissertation Abstracts International67-03A.
Subject:	Economics, Labor. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3212660
ISBN:	9780542618796

Essays on the economics of education.
Whalley, Alexander Thomas.

Essays on the economics of education. - 159 p.

Source: Dissertation Abstracts International, Volume: 67-03, Section: A, page: 1045.

Thesis (Ph.D.)--University of Maryland, College Park, 2006.

In the first chapter I study racial differences in the impact of education on labor income volatility. Using panel data on black and white males from the Panel Study of Income Dynamics I find that education reduces labor income volatility more for blacks than for whites. The central specifications indicate that college graduation reduces transitory labor income volatility by more than 65 percent relative to high school dropouts for blacks, whereas whites receive no statistically significant reduction. I also find that more risk averse blacks obtain more education while more risk averse whites do not. I argue that these results imply: (1) that precautionary demand for human capital is quantitatively important; and (2) the black differential investment puzzle can be explained by accounting for racial differences in the impact of education on exposure to labor income volatility. The results can be explained by the precision of employer's beliefs about a worker's productivity increasing more with education for blacks, so that more-skilled blacks face less labor income volatility.

ISBN: 9780542618796Subjects--Topical Terms:

1019135
Economics, Labor.

Essays on the economics of education.
LDR:03081nmm 2200289 4500 001 1829925
005 20070329084913.5
008 130610s2006 eng d
020 $a 9780542618796
035 $a (UnM)AAI3212660
035 $a AAI3212660
040 $a UnM $c UnM
100 1 $a Whalley, Alexander Thomas. $3 1918772
245 1 0 $a Essays on the economics of education.
300 $a 159 p.
500 $a Source: Dissertation Abstracts International, Volume: 67-03, Section: A, page: 1045.
500 $a Adviser: Jeffrey Smith.
502 $a Thesis (Ph.D.)--University of Maryland, College Park, 2006.
520 $a In the first chapter I study racial differences in the impact of education on labor income volatility. Using panel data on black and white males from the Panel Study of Income Dynamics I find that education reduces labor income volatility more for blacks than for whites. The central specifications indicate that college graduation reduces transitory labor income volatility by more than 65 percent relative to high school dropouts for blacks, whereas whites receive no statistically significant reduction. I also find that more risk averse blacks obtain more education while more risk averse whites do not. I argue that these results imply: (1) that precautionary demand for human capital is quantitatively important; and (2) the black differential investment puzzle can be explained by accounting for racial differences in the impact of education on exposure to labor income volatility. The results can be explained by the precision of employer's beliefs about a worker's productivity increasing more with education for blacks, so that more-skilled blacks face less labor income volatility.
520 $a Participants, like econometricians, may have difficulty in constructing the counterfactual outcome required to estimate the impact of a program. In the second chapter, this question is directly assessed by examining the extent to which program participants are able to estimate their individual program impacts ex-post. Utilizing experimental data from the National Job Training Partnership Act (JTPA) Study (NJS) experimentally estimated program impacts are compared to individual self-reports of program effectiveness after the completion of the program. Two methods are implemented to estimate the individual experimental impacts based on: (1) subgroup variation; (2) the assumption of perfect rank correlation in impacts. Little evidence of a relationship between the experimentally estimated program impacts and self-reported program effectiveness is found. There is evidence found that cognitively inexpensive potential proxies for program impacts such as before-after differences in earnings, the type of training received, and labor market outcomes are correlated with self-reported program effectiveness.
590 $a School code: 0117.
650 4 $a Economics, Labor. $3 1019135
650 4 $a Education, General. $3 1019158
690 $a 0510
690 $a 0515
710 2 0 $a University of Maryland, College Park. $3 657686
773 0 $t Dissertation Abstracts International $g 67-03A.
790 1 0 $a Smith, Jeffrey, $e advisor
790 $a 0117
791 $a Ph.D.
792 $a 2006
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3212660