Raaum, Oddbjørn; Salvanes, Kjell G.; Sørensen, Erik O. - In: Economic Journal 116 (2006) 508, pp. 200-222
Using a variance decomposition framework that bounds the effect of families and neighbourhoods, we find important effects of family characteristics and residential location on adult education and earnings in Norway. Neighbourhoods are less important than families, as the correlations among...