Showing 1 - 10 of 15
The validity of family background variables instrumenting education in income regressions has been much criticized. In … instruments in income regressions. …
Persistent link: https://www.econbiz.de/10010326044
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10010325824
: education, income and wealth are each found to contribute about as much to a longer life as intelligence. The joint effect of … all four variables is dominated by childhood intelligence and adult wealth at the expense of education and income. …
Persistent link: https://www.econbiz.de/10010326427
The Brabant Data Set, now freely accessible, contains informationon a sample cohort of 3,000 individuals born around 1940 from surveysin 1952, 1983 and 1993, as well as on deaths between 1994 and 2009.In line with numerous epidemiological studies we find that among theearly variables recorded at...
Persistent link: https://www.econbiz.de/10010326478
This technical note consists of three parts. The first describes theorigins of the Brabant data set, the later surveys and the mortalitydata. The second section discusses the variation of mortality rateswith age in the population and in the sample. The third section setsout the proportional...
Persistent link: https://www.econbiz.de/10010326549
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10010325639
This paper examines the evolution of the returns to education in Portugal over the 1980s andearly 1990s. The main findings indicate that the returns to education have increased,particularly after joining the European Union in 1986. Since this occurred along with anincrease in the level of...
Persistent link: https://www.econbiz.de/10010324728
of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …
Persistent link: https://www.econbiz.de/10010324769
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10010324788
This paper proposes a new approach to identify the wage effects of training.The idea is to narrow down the comparison group by only taking into consideration theworkers who wanted to participate in training but did not do so because of some randomevent. The point estimate of the return to...
Persistent link: https://www.econbiz.de/10010324889