Results

Journal article

American Economic Journal: Economic Policy:

The making of civic virtues: a school-based experiment in three countries

This paper shows that schools can foster the transmission of civic virtues by helping students to develop concrete, democratically chosen, collective projects. We draw on a RCT implemented in 200 middle schools in three ...Read more...

Journal article

European Economic Review:

Does the child penalty strike twice?

This paper compares the labor market trajectories of grandparents before and after the arrival of their first grandchild. We find gender gaps in earnings of 4 and 10 percent five and ten years, respectively, after the fi...Read more...

Journal article

Economics of Education: An Introductory Textbook:

Gender gaps in education

International data stubbornly show that boys perform worse than girls in school and that women continue to be under-represented in university and professional careers related to STEM disciplines (Science, Technology, Eng...Read more...

Blog

Vox EU:

Rethinking pension reform: A new CEPR eBook

Population ageing is exerting unprecedented fiscal pressure on social security systems around the world. In response, many governments are implementing or planning pension reforms, often aimed at encouraging later retire...Read more...

Journal article

The Economic Journal:

Taking back control? Quasi-experimental evidence on the impact of retirement on locus of control

We use Australian panel data to examine the impact of retirement on individual locus of control, a socio-emotional skill with substantial explanatory power for a broad range of life outcomes. Exploiting the eligibility a...Read more...

CentrePiece article

The trouble with inactivity

Concerns about a recent rise in economic inactivity have prompted new policies aimed at discouraging early retirement and encouraging the labour force participation of women with young children. Stephen Machin and Jonath...Read more...

Journal article

Labour Economics:

Working life and human capital investment: causal evidence from a pension reform

In this paper, we analyze if an increase in the working life leads to more human capital investment via on-the-job training. We obtain RDD-estimates from a sharp date-of-birth cut-off, generated by a pension reform that ...Read more...

CEP occasional paper

The trouble with inactivity

Elevated concerns over the consequences of recent rises in the UK economic inactivity rate for growth, wages and prices have prominently featured in recent public debate about the labour market and the economy. This pape...Read more...

Journal article

Journal of Population Economics:

In medio stat victus: labor demand effects of an increase in the retirement age

After falling for four decades, statutory retirement ages are increasing in most OECD countries. The labor market adjustment to these reforms has not yet been thoroughly investigated by the literature. We draw on a major...Read more...

Blog

VoxEU:

The hidden costs of incentivising later retirement

Over the past two decades, many countries have reformed their public pension systems in pursuit of desirable fiscal effects, often by introducing or strengthening incentives for later retirement. However, the welfare eff...Read more...

CEP discussion paper

Working life and human capital investment

This paper provides a novel test of a key prediction of human capital theory that educational investment decisions depend on the length of the pay-off period. We obtain causal estimates by leveraging a unique reform of t...Read more...

Journal article

Early Childhood Research Quarterly:

The when and what of measuring ECE quality: analysis of variation in the Classroom Assessment Scoring System (CLASS) across the ECE day

Observational assessment has become an integral component of the quality improvement agenda in Early Care and Education (ECE) and has been significant in directing attention to quality of interactions within the ECE sett...Read more...

CEP discussion paper

Understanding day care enrolment gaps

We document day care enrolment gaps by family background in a country with a universal day care system (Germany). Research demonstrates that children of less educated or foreign-born parents can benefit the most from day...Read more...

Journal article

Small Business Economics:

The evolution and adoption of equity crowdfunding: entrepreneur and investor entry into a new market

Equity crowdfunding (ECF) offers entrepreneurs an online social media marketplace where they can access numerous potential investors who, in exchange for an ownership stake, may supply them with finance. In this paper, w...Read more...

CEP discussion paper

Equity crowdfunding and early stage entrepreneurial finance: damaging or disruptive?

Equity crowdfunding (ECF) offers founders of new ventures an online social media marketplace where they can access a large number of investors who, in exchange for an ownership stake, provide finance for business opportu...Read more...

Journal article

Journal of Health Economics:

Retirement blues

This paper analyses the short- and longer-term effects of retirement on mental health in ten European countries. It exploits thresholds created by state pension ages in an individual-fixed effects instrumental-variable s...Read more...

CEP discussion paper

Locus of control and its intergenerational implications for early childhood skill formation

We propose a model in which parents have a subjective belief about the impact of their investment on the early skill formation of their children. This subjective belief is determined in part by locus of control (LOC), i....Read more...

CEP discussion paper

Networks in the Premodern Economy: the Market for London Apprenticeships, 1600-1749

This paper examines the importance of social and geographical networks in structuring entry into skilled occupations in premodern London. Using newly digitised records of those beginning an apprenticeship in London betwe...Read more...

CEP discussion paper

The Early Career Gender Wage Gap

In Finland the gender wage gap increases significantly during the first 10 years after labor market entry accounting most of the life-time increase in the gender wage gap. This paper focuses on the early career gender wa...Read more...

CEP discussion paper

Immigrants at Retirement: Stay/Return or 'Va-et-Vient'

where labour considerations no longer matter, the location decisions are expected to depend not only on a comparison of standard-of-living between the origin and host countries, but should also be affected by the strengt...Read more...