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We review the empirical literature that estimates the causal effect of parent's schooling on child's schooling, and conclude that estimates differ across studies. We then consider three explanations for why this is: (a) idiosyncratic differences in data sets; (b) differences in remaining biases...
Persistent link: https://www.econbiz.de/10010274841
rate versus just the steady-state income level - matters less than academic discussions suggest. We close by discussing …
Persistent link: https://www.econbiz.de/10010274864
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10010270563