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The impact of family income on child achievement: Evidence from the earned income tax credit
Dahl, Gordon B.; Lochner, Lance - 2012
measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children …Past estimates of the effect of family income on child development have often been plagued by endogeneity and …'s math and reading achievement. Our identification derives from the large, non-linear changes in the Earned Income Tax Credit …
Persistent link: https://www.econbiz.de/10010284026
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How risky is investment in human capital?
Hartog, Joop; Opheim, Hans van; Bajdechi, Simona Maria - 2004
The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying the international empirical literature from this fresh perspective and by simulating risky earnings profiles in alternative options, choosing parameters on basis of the very...
Persistent link: https://www.econbiz.de/10002258147