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Parents with higher education levels have children with higher education levels. However, is this because parental … relationship between parents' education and children's education, despite significant OLS relationships. We find 2SLS estimates … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely …
Persistent link: https://www.econbiz.de/10014069078
Parents with higher education levels have children with higher education levels. However, is this because parental … relationship between parents' education and children's education, despite significant OLS relationships. We find 2SLS estimates … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely …
Persistent link: https://www.econbiz.de/10013319638
In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. These falling returns are not caused by changes in the sample design and reduced willingness to...
Persistent link: https://www.econbiz.de/10010262293
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
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