Crespo, Laura; López-Nodal, Borja; Mira, Pedro - Centro de Estudios Monetarios y Financieros (CEMFI) - 2013
In this paper we provide new evidence on the causal effect of education on adult depression and cognition. Using SHARE data, we use schooling reforms in several European countries as instruments for educational attainment. We find that an extra year of education has a large and significant...