risk aversion on the probability of entering higher education. This allows us to characterize the subjective (as opposed to … the objective) effect of higher education on marginal risk exposure. Because the measure of risk aversion (the classical … (comparable to parents' educational background) of the decisions to enter higher education. Precisely, risk aversion acts as a …

We study the relationship between education and cognitive functioning at older ages by exploiting compulsory schooling … of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency …, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the …

We study the relationship between education and fertility, exploiting compulsory schooling reforms in Europe as source … of exogenous variation in education. Using data from 8 European countries, we assess the causal effect of education on … the number of biological kids and the incidence of childlessness. We find that more education causes a substantial …

In this paper we investigate the contribution of health related behaviors to the education gradient, using an empirical … approach that addresses the endogeneity of both education and behaviors in the health production function. We apply this … approach to a multi-country data set, which includes 12 European countries and has information on education, health and health …