Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

Formal education is correlated with entrepreneurial activity and success, but correlation does not indicate causation …. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years …

Many nations have experienced both rising education levels and declining marriage rates. However, cross … suggests ambiguous causal effects of education on marriage. This study uses a novel instrumental variable approach and finds … that education decreases the probability of being married for younger persons but not for older persons. However, education …

Formal education is widely thought to be a major determinant of individual earnings. This paper uses the American … Community Survey to examine the effect of formal schooling on worker wages. Given the potential endogeneity of education …

pandemic recession encouraged more young people to complete high school. The pandemic created extensive problems in education …