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dc.contributor.authorFlannery, Darraghen_US
dc.contributor.authorO'Donoghue, Cathalen_US
dc.date.accessioned2009-06-15en_US
dc.date.accessioned2010-07-07T11:55:00Z-
dc.date.available2010-07-07T11:55:00Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:101:1-20090605206en_US
dc.identifier.urihttp://hdl.handle.net/10419/35661-
dc.description.abstractIn this paper we present a theoretical model of higher education participation. We assume that young people that complete upper secondary education are faced with three choices, go to higher education, not go to higher education or go to higher education and work part time. Utilizing the Living in Ireland survey data 1994-2001 we model this choice in an Irish context by variation in costs (direct and indirect), the estimated lifecycle returns and household credit constraints. Using a random parameters logit choice model we find that simulated lifecycle earnings positively impact the educational/labour choices of young individuals in Ireland. This positive relationship is also found to be true for a choice-specific household income variable constructed in the paper. From the random parameters logit estimations we also find that preferences for choices with higher simulated lifecycle earnings and household income vary across individuals. We conduct policy simulations from our estimations and found that increasing student financial aid levels by 10% combined with a slight widening of the income limits for these aids can lead to significant movement away from the decision to not enter higher education.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA discussion papers 4163en_US
dc.subject.jelI23en_US
dc.subject.jelC35en_US
dc.subject.ddc330en_US
dc.subject.keywordHigher education participationen_US
dc.subject.keywordrandom parameters logit modelen_US
dc.subject.keywordlifecycle simulated earningsen_US
dc.subject.keywordhigher education policyen_US
dc.subject.stwStudiumen_US
dc.subject.stwBildungsverhaltenen_US
dc.subject.stwLebenseinkommenen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwVerschuldungsrestriktionen_US
dc.subject.stwLogit-Modellen_US
dc.subject.stwIrlanden_US
dc.titleParticipation in higher education: a random parameter logit approach with policy simulationsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn601792882en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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