Belley, Phillippe; Lochner, Lance - Vancouver School of Economics - 2009
This paper uses data from the 1979 and 1997 National Longitudinal Survey of Youth cohorts(NLSY79 and NLSY97) to estimate changes in the effects of ability and family income on educational attainment for youth in their late teens during the early 1980s and early 2000s. Cognitive ability plays an...