some students to a total of about two thirds of a year less of schooling while enrolled. I show that the short school years … led indeed to shorter schooling for affected students. Using comparisons across cohorts, states, and secondary school … number of students attending the highest secondary school track or earnings later in life …

some students to a total of about two thirds of a year less of schooling while enrolled. I show that the short school years … led indeed to shorter schooling for affected students. Using comparisons across cohorts, states, and secondary school … number of students attending the highest secondary school track or earnings later in life …

There is a well-established positive correlation between life-satisfaction measures and income in individual level … from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at … estimates suggesting that most of the association of income and well-being is causal. -- life satisfaction ; well-being …