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The Intergenerational Transmission of Human Capital : Exploring the Role of Skills and Health Using Data on Adoptees and Twins

Lundborg, Petter - 2011

this purpose, we use both an adoption and a twin design and study the effect of parents' education on their children …'s cognitive skills, non-cognitive skills, and health. Our results show that greater parental education increases children …'s cognitive and non-cognitive skills, as well as their health. These results suggest that the effect of parents' education on …

Persistent link: https://www.econbiz.de/10013118516

Intergenerational Transmission of Human Capital : Is it a One-Way Street?

Lundborg, Petter - 2015

children. But what if children also affect their parents' human capital? Using exogenous variation in education, arising from a …-sectional relationship between children's education and their parents' longevity. Our causal estimates tell a different story; children … we restrict the sample to low-income and low-educated parents …

Persistent link: https://www.econbiz.de/10013016174

The Effect of a Sibling's Gender on Earnings, Education and Family Formation

Peter, Noemi - 2015

by parental preferences: if parents prefer certain sex compositions over others, children's gender affects not only the … dizygotic twins. In these cases, the two children are born at the same time, so parents cannot make decisions about one twin … outcomes of other children but also the very existence of potential additional children. We address this problem by looking at …

Persistent link: https://www.econbiz.de/10013016367

Dynamic Skill Accumulation, Comparative Advantages, Compulsory Schooling, and Earnings

Belzil, Christian - 2011

We show that a calibrated dynamic skill accumulation model allowing for comparative advantages, can explain the weak (or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on compulsory schooling, ii) in the micro literature on estimating...

Persistent link: https://www.econbiz.de/10013117619

The Timing of Earnings Sampling Over the Life-Cycle and IV Identification of the Return to Schooling

Belzil, Christian - 2012

We show that within a life-cycle skill accumulation model, IV identification of the return to schooling parameter is either achieved at any point in the life-cycle where the level of skills accumulated beyond school completion for compliers is exactly equal to the post-schooling skill level of...

Persistent link: https://www.econbiz.de/10013103476

The Return to Schooling in Structural Dynamic Models : A Survey

Belzil, Christian - 2006

This paper contains a survey of the recent literature devoted to the returns to schooling within a dynamic structural framework. I present a historical perspective on the evolution of the literature, from early static models set in a selectivity framework (Willis and Rosen, 1979) to the recent...

Persistent link: https://www.econbiz.de/10012779183

Dynamic Skill Accumulation, Education Policies and the Return to Schooling

Belzil, Christian - 2017

Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and unobserved heterogeneity, and evaluate the effect of...

Persistent link: https://www.econbiz.de/10012960276

Testing the Specification of the Mincer Wage Equation

Belzil, Christian - 2021

I perform the joint estimation of a reduced-form dynamic model of the transition from one grade level to the next, and a Mincer wage equation, using panel data taken from the NLSY. A very high degree of flexibility is achieved by approximating the distributions of idiosyncractic grade transition...

Persistent link: https://www.econbiz.de/10013317194

A Structural Analysis of the Correlated Random Coefficient Wage Regression Model with an Application to the Ols-Iv Puzzle

Belzil, Christian; Hansen, Jorgen - 2021

We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set within a correlated random coefficient model and we use the structural estimates to perform counterfactual experiments. We show that the estimates of the dynamic...

Persistent link: https://www.econbiz.de/10013318534

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jorgen - 2021

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10013320490