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Education, signaling and the allocation of entrepreneurial skills
(CAF, 2017-10-02)
We assess the allocative importance of education when workers can choose to self-employ. To do so, we build a model combining educational choices with the labor market and selfemployment. Education can increase workers' ...
Benefits to Elite Schools and the Expected Returns to Education: Evidence from Mexico City
(CAF, 2017-03-10)
We exploit data on the future earnings students at high school completion expect to receive with and without a college education, together with information on learning achievement and college outcomes, to study the benefits ...