Foley, Kelly; Gallipoli, Giovanni; Green, David A. - Vancouver School of Economics - 2010
factor model set out in Carneiro, Hansen, and Heckman (2003). Specifically, we consider the impact of cognitive and non … age 15 has a substantial impact on dropping out. Second, parental valuation of education has an impact of approximately … contribution by extending the standard factor based estimator to allow a non-linear relationship between the factors and a …