nep-sog New Economics Papers
on Sociology of Economics
Issue of 2005‒10‒29
three papers chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. The Labour Market Effects of Alma Mater: Evidence from Italy By Giorgio Brunello; Lorenzo Cappellari
  2. Is there any progress in Economics? Some answers from the historians of economic thought By Antonio Almodovar; Maria de Fátima Brandão
  3. Lazy Students? A Study of Student Time Use By Martin Weale; Philip Stevens

  1. By: Giorgio Brunello; Lorenzo Cappellari
    Abstract: We use data from a nationally representative survey of Italian graduates to study whether Alma Mater matters for employment and earnings three years after graduation. We find that the attended college does matter, and that college related differences are substantial both among and within regions of the country. However, these differences are not large enough to trigger substantial mobility flows from poorly performing to better performing institutions. There is also evidence that going to a private university pays off at least in the early part of a career: the employment weighted college wage gains from going to a private college are close to 18 percent. Only part of this gain can be explained by the fact that private universities have lower pupil - teacher ratios than public institutions. household behavior.
    Keywords: college education, Italy
    JEL: J24 J1
    Date: 2005–04
  2. By: Antonio Almodovar (CEMPRE, Faculdade de Economia, Universidade do Porto); Maria de Fátima Brandão (CEMPRE, Faculdade de Economia,Universidade do Porto)
    Abstract: In our paper we look back and review some of the old books on the history of economic thought. This exercise allows us not only to scan and line up a possible range of different views on progress, but also to perceive why progress itself sometimes becomes an explicit issue within those histories. At the same time, this inquiry shed some light over the path that led to Schumpeter and Blaug views on the history of economics.
    Keywords: Progress; Economic Thought
    JEL: A11 B0
    Date: 2005–10
  3. By: Martin Weale; Philip Stevens
    Abstract: We set out a two-period optimising model examining the economic forces determining allocation of time by students between study, paid work and leisure. We show that, provided the intertemporal elasticity of substitution is less than one, high prospective earnings will be a disincentive to study. Data collected from four English universities in 2000 and 2001 show this effect to be present. Lower study time is associated with higher prospective earnings.
    Date: 2004–05

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