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dc.contributor.authorLauer, Charlotteen_US
dc.date.accessioned2009-02-16T15:12:30Z-
dc.date.available2009-02-16T15:12:30Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/24800-
dc.description.abstractThis paper aims at formulating a theoretical model of educational attainment which is directly implementable empirically. The conceptual frame-work relies on the human capital theory, where individuals weigh the costs and the returns of education to decide on the optimal amount of education they want to invest in. In an extension of the model, the educational process is de- composed into two stages: achievement at school and post-school achievement. The same conceptual framework applies at both stages, but a correlation is permitted between them. Empirically, this boils down to estimate a multivariate ordered probit model. An illustration based on German data shows how this model functions in practice. Thus, the model confers an economic foundation on the empirical estimation of the impact of certain factors on educational outcomes.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim-
dc.relation.ispartofseriesZEW Discussion Papers 02-06en_US
dc.subject.jelI2en_US
dc.subject.jelC5en_US
dc.subject.ddc330en_US
dc.subject.keywordEducationen_US
dc.subject.keywordEconomic modellingen_US
dc.subject.keywordMultivariate ordered probiten_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwBildungsökonomiken_US
dc.subject.stwBildungsverhaltenen_US
dc.subject.stwBildungsniveauen_US
dc.subject.stwProbit-Modellen_US
dc.subject.stwTheorieen_US
dc.subject.stwDeutschlanden_US
dc.titleA Model of Educational Attainment: Application to the German Caseen_US
dc.typeWorking Paperen_US
dc.identifier.ppn343954311en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:891-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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