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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