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How do labor income shocks affect household investment in upper secondary and tertiary schooling? Using longitudinal data from 2005 to 2015 for Argentina, Brazil, and Mexico, this paper explores the effect of a negative household income shock on the enrollment status of youth ages 15–25. The findings suggest that negative income shocks significantly increase the relative risk of students exiting upper...
Mental health problems have been rising internationally. The link between poor mental health and low educational outcomes is particularly interesting in the case of the UK which has a low international ranking both on measures of child wellbeing and the probability of early drop-out from the labour market and education. We study this issue using a large longitudinal study of a recent cohort of teenagers...
Using data for Germany and 23 other economies in Eastern and Western Europe, this paper estimates the monetary returns to education acquired under communism more than 10 years after the fall of the Berlin Wall. We show that, in the 2000s, Eastern European workers who completed their education under communism earned in the 2000s similar returns to their education as did workers belonging to the same...
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