The distance between the birth date and the school entry cutoff has been repeatedly used as an exogenous instrument to examine the impact of several educational programmes. In this work, we analyse the validity of this instrument for the case of Argentina. Considering multiple waves of the Permanent Household Survey we detect the existence of…

This paper investigates the impact of students' month of birth (MOB) on their university career choices. Specifically, we analyze whether the oldest students in their academic cohorts show more aspirational preferences when expressing their first choice of university degree. Using administrative records for students in a large university district…

In light of growing difficulties for schools to attract teachers in science, technology, engineering, and mathematics (STEM) fields and the continued discussions surrounding the unionization of education, this paper examines the effect of collective bargaining (CB) laws on the salary of teachers with a STEM degree. To isolate the effect of…

A large literature documents that there are significant academic and non-academic differences between the youngest and oldest students in a school cohort. This paper investigates if being the youngest in a cohort has any impact on an individual's propensity to commit crime by utilizing a data set that contains over 4 million arrest records…

Despite the increasing number of students learning abroad, little is known about the way international students migrate and how policies influence their decision. This article evaluates one German state's recent policy to charge international students for tuition, while tertiary education remains free elsewhere. For my difference-in-differences…

The COVID-19 pandemic has caused significant disruption in education. We employ a gravity model to estimate its impact on international student credit mobility. Data on inbound and outbound students to and from four Spanish universities between the academic years 2017-2018 and 2021-2022 are used. While COVID-19 significantly reduced participation…

This paper evaluates the impact of education on inequality using the recentered influence function regression and standard inequality measures. Results indicate that between 2005 and 2010, the returns to education declined from the 10th to the 50th percentiles, but increased at the upper tail of the distribution. Inequality is lower in the…

Despite Korea's economic development, gender inequality in its society and the labour market is still prevalent. Within this context, this investigation considers the relationship between overeducation and life satisfaction by gender. Korean females are better educated than males, and they also face more discrimination in the labour market, the…

This paper estimates returns to education during a period of sharp wage cuts in Greece, considering both the endogenous nature of education and women's self-selection. Findings suggest that dramatic wage declines were followed by sharp decreases in returns to education, while the documented convergence of returns between genders is an added…

This study examines the return to education in South Korea by comparing metropolitan areas with non-metropolitan areas. It utilizes the Korean Labor and Income Panel Study from 2018 and 2019 for analysis, alongside the Mincer equation. The findings indicate that female workers have a higher return to education compared to male workers. The Oaxaca…

Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

We investigate how social identity, namely gender and caste, affects stream choice at the higher secondary level of schooling in India. The choice of science stream at this level is a crucial determinant of subsequent science, technology, engineering, and mathematics (STEM) education and labor market outcomes. Using nationally representative data…

The empirical link between children's cognitive ability and parental risk attitudes has been understudied. Specifically, an individual's educational outcome may reflect the decisions made on their behalf by parents, reflecting their risk attitudes. This paper aims to fill gaps in the existing literature by investigating whether parental risk…

We contribute to the higher education returns discourse by examining perceptions among college graduates. Using 2021 U.S. Survey of Household Economics of Decisionmaking data, we observe that over 80% of degree holders perceive that they received positive financial returns from college, while only 7% of college degree holders regret their decision…

While it has been shown that university attendance is strongly predicted by parental education, we know very little about why some potential first-generation students make it to university and others do not. This paper looks at the role of non-cognitive skills in the university participation of this disadvantaged group in England. We find that…