This paper studies the contribution of parental influence in accounting for cross-country gaps in human capital achievements. We argue that the cross-country variation in unobserved parental characteristics is at least as important as the one in commonly used observable proxies of parental socio-economic background. We infer this through an…

This dissertation examines the role that external factors play in students' educational attainment and success. The first two chapters examine the role of school quality. Chapter 1 examines how the timing of school quality impacts human capital formation, and Chapter 2 examines whether schools provide equal quality to all students within the…

This comprehensive report examines the magnitude of the crisis of opportunity in America and its long-term implications. Interactions among powerful global economic forces, government policies and business practices have generated a self-sustaining set of dynamics that have led to increasing economic, social and political polarization, with the…

The United States has been underproducing college-going workers since 1980. Supply has failed to keep pace with growing demand, and as a result, income inequality has grown precipitously. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly. If the…

Our nation is currently experiencing growing levels of income and wealth inequality, which are contributing to longstanding racial and ethnic gaps in education outcomes and other areas. This report quantifies the economic benefits of closing one of the most harmful racial and ethnic gaps: the educational achievement gap that exists between black…

In this paper, we study the impact of parental human capital background on ethnic educational gaps between second-generation immigrants using a large data set conducted in France in 2003. Estimates from censored random effect ordered Probit regressions show that the skills of immigrants explain in the most part, the ethnic educational gap between…

In this paper we analyze the role played by self-confidence, modeled as beliefs about one's ability, in shaping task choices. We propose a model in which fully rational agents exploit all the available information to update their beliefs using Bayes' rule, eventually learning their true type. We show that when the learning process does not…

The United States has been underproducing college-going workers since 1980. Supply has failed to keep pace with growing demand, and as a result, income inequality has grown precipitously. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly. If the…

In 2009, Lumina Foundation officially adopted its Big Goal that 60 percent of Americans obtain a high-quality postsecondary degree or credential by 2025. That same year, Lumina began reporting on progress toward the Big Goal in a series of reports titled "A Stronger Nation through Higher Education". The core of the reports is Census data…

In 2009, Excelencia in Education launched the Ensuring America's Future initiative to inform, organize, and engage leaders in a tactical plan to increase Latino college completion. This initiative included the release of a benchmarking guide for projections of degree attainment disaggregated by race/ethnicity that offered multiple metrics to track…

Gaps in educational and employment outcomes persist (and in some cases are growing) among various groups of young adults in the United States. Particularly notable are the gaps that exist between minority young adults--especially black young adults--and their white counterparts. One oft-cited reason for this trend is the growing number of youth…