We study whether the combined significant reduction in the pupil-teacher ratio and increase in parental education … parental education has had an even stronger impact on attainment. We also find that the positive impact of better school … quality on educational attainment and returns to education has been particularly significant for the individuals born in …

Perhaps it does. We propose a model in which workers with little education or in the tails of the age distribution the … inexperienced and the old have more chance of job failure (mismatch). Recruits' average education should then increase and the …